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    Property profile & analytics

    115 Farmer Ln Farmington, ME 04938-6967

    • Warehouses
    • 9,232 SF
    • 1.77 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Location Intelligence
    Property ID
    US42-0132495
    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

    • Warehouses

    Property Details for 115 Farmer Ln

    Year built
    1930
    Lot size
    1.77 lot acres
    Property size
    9,232 SF
    Zone code
    RB
    Property type
    Warehouses
    APN
    FARN M:U31 L:059
    APU
    FARNMU31L059

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Franklin
    State
    Maine
    Longitude
    -70.1567
    Latitude
    44.6612

    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
    $5,324
    $34,400
    $233,000
    $267,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.50 Acres

      692 Farmington Fls Rd

      BULK STORAGE, TANKS • 0.50 Acres
      692 Farmington Fls Rd, Farmington, ME 04938
      View Details
    • Value Estimation by Request
      1,008 SF

      189 Hemlock Rd

      WAREHOUSE, STORAGE • 1,008 SF
      189 Hemlock Rd, Farmington, ME 04938
      View Details
    • Value Estimation
      $205,000
      2.84 Acres

      Town Farm Rd

      BULK STORAGE, TANKS • 2.84 Acres
      Town Farm Rd, Farmington, ME 04938
      View Details
    • Value Estimation by Request
      3.57 Acres

      119 Brickyard Rd

      BULK STORAGE, TANKS • 3.57 Acres
      119 Brickyard Rd, Farmington, ME 04938
      View Details
    • Value Estimation
      $260,000
      0.61 Acres

      107 Farmer Ln

      BULK STORAGE, TANKS • 0.61 Acres
      107 Farmer Ln, Farmington, ME 04938
      View Details
    • Value Estimation by Request
      952 SF

      117 Wilson Strm Ln

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 952 SF
      117 Wilson Strm Ln, Farmington, ME 04938-6266
      View Details

    Similar Nearby for Sale

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      2.60 Acres

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      Approved subdivision land near Farmington's amenities and outdoor activities.
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      Approved 2.25-acre lot near Farmington's amenities and outdoor recreation.
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    • $69,000
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      2.92 acre building site near downtown Farmington.
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    • $32,000
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      4-Acre Lot in Industry, Maine

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      1.75 acre residential land with westerly views near amenities.
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    Similar Nearby for Lease

    • $10 SF/Yr
      750 SF

      Historic Office Space For Rent

      Professional office spaces in downtown Farmington, Maine.
      144 High St, Farmington, ME 04938
      View Details
    • $15 SF/Yr
      2,540 SF

      Retail or Restaurant Space Available

      Highly visible pad building in Hannaford-anchored retail center.
      134 Hannaford Dr, Farmington, ME 04938
      View Details
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    115 Farmer Ln
    Farmington, ME 04938-6967
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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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