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    Property profile & analytics

    122 Locke Vlg Rd Newry, ME 04261

    • Banks
    • 1,536 SF
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US42-0259430
    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 122 Locke Vlg Rd

    Year built
    1998
    Construction
    CONCRETE
    Property size
    1,536 SF
    Zone code
    SEASON
    Property type
    Banks
    APN
    NEWR M:L-1 L:K-2
    APU
    NEWRML1LK2

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newry
    County
    Oxford
    State
    Maine
    Longitude
    -70.8528
    Latitude
    44.4676

    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
    $4,488
    $260,000
    $268,000
    $528,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $475,000
      3,053 SF

      6 Fairway Dr

      FINANCIAL BUILDING • 3,053 SF
      6 Fairway Dr, Newry, ME 04261
      View Details
    • Value Estimation
      $315,000
      1,440 SF

      29 Riverbank Rd

      FINANCIAL BUILDING • 1,440 SF
      29 Riverbank Rd, Newry, ME 04261
      View Details
    • Value Estimation
      $355,000
      2,409 SF

      11 Timberline Rd

      FINANCIAL BUILDING • 2,409 SF
      11 Timberline Rd, Newry, ME 04261-3426
      View Details
    • Value Estimation
      $230,000
      4.00 Acres

      20 Mordamic Trl

      FINANCIAL BUILDING • 4.00 Acres
      20 Mordamic Trl, Upton, ME 04261-4202
      View Details
    • Value Estimation by Request
      12.00 Acres

      Bear Riv Rd

      FINANCIAL BUILDING • 12.00 Acres
      Bear Riv Rd, Newry, ME 04261
      View Details
    • Value Estimation
      $305,000
      1.25 Acres

      B Hl Rd

      FINANCIAL BUILDING • 1.25 Acres
      B Hl Rd, Upton, ME 04261
      View Details

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    122 Locke Vlg Rd
    Newry, ME 04261
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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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