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    Property profile & analytics

    1109 Main St Palmyra, ME 04965-3036

    • Banks
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0028963
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 1109 Main St

    Lot size
    2.10 lot acres
    Property type
    Banks
    APN
    PALA M:005 B:024
    APU
    PALAM005B024

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Palmyra
    County
    Somerset
    State
    Maine
    Longitude
    -69.3418
    Latitude
    44.8445

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $320
    $29,100
    $0.00
    $29,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5.31 Acres

      328 Main St

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    • Value Estimation by Request
      0.19 Acres

      159 Pittsfield Ave

      FINANCIAL BUILDING • 0.19 Acres
      159 Pittsfield Ave, Palmyra, ME 04965
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    • Value Estimation
      $570,000
      13.97 Acres

      125 Gray Rd

      FINANCIAL BUILDING • 13.97 Acres
      125 Gray Rd, Palmyra, ME 04965-3048
      View Details
    • Value Estimation by Request
      2.00 Acres

      151 Hope Rd

      FINANCIAL BUILDING • 2.00 Acres
      151 Hope Rd, Palmyra, ME 04965-3001
      View Details
    • Value Estimation by Request
      3,250 SF

      530 Oxbow Rd

      Restaurants • 3,250 SF
      530 Oxbow Rd, Palmyra, ME 04965
      View Details
    • Value Estimation by Request
      2,640 SF

      20 Estes Ave

      Commercial real estate • 2,640 SF
      20 Estes Ave, Palmyra, ME 04965
      View Details

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      Palmyra Land with Driveway

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      Palmyra, ME - 60+ Acres

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    • Contact for pricing
      7.80 Acres

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    1109 Main St
    Palmyra, ME 04965-3036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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