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    Property profile & analytics

    157 Garfield Rd Minot, ME 04258

    • Auto shops
    • 2,240 SF
    • 4.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0702161
    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

    • Auto shops

    Property Details for 157 Garfield Rd

    Lot size
    4.28 lot acres
    Property size
    2,240 SF
    Property type
    Auto shops

    Description

    This exceptional commercial property at 157 Garfield Road in Minot, Maine, presents a unique investment opportunity. The 2,240 square foot auto shop building sits on a generous 4.28-acre lot, offering ample space for expansion or additional development. Built in 2021, the structure boasts high-quality construction and features designed for optimal functionality. The interior includes 16-foot ceilings, providing significant vertical space, and a robust 200-amp electrical service. Access is facilitated by multiple oversized doors, including two 12x10 foot doors and four 9x10 foot insulated doors. The property is zoned for commercial use and is ideally suited for a variety of automotive-related businesses or could potentially accommodate a home-based business. Its location in Minot, within Androscoggin County, offers convenient access to local amenities and transportation routes. The asking price for this turnkey operation is $325,000. This represents a compelling opportunity to acquire a well-maintained, spacious commercial property with significant potential for growth and profitability. The expansive lot size provides considerable room for future expansion or development, making this an attractive investment for both established businesses and entrepreneurs. The property's features and location combine to create a highly desirable commercial offering.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Minot
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.3138869
    Latitude
    44.114271
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    157 Garfield Rd
    Minot, ME 04258
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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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