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    Property profile & analytics

    20 Main St Mexico, ME 04257

    • Banks
    • 0.53 lot acres
    For Sale
    View listing
    $59,000
    Value Estimation
    Location Intelligence
    Property ID
    US42-0316944
    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 20 Main St

    Lot size
    0.53 lot acres
    Property type
    Banks
    APN
    MEXI M:020 L:35
    APU
    MEXIM020L35

    Description

    This exceptional commercial property, located at 20 Main Street in the vibrant town of Mexico, Maine, presents a fantastic investment opportunity. Boasting a generous 1,736 square feet of space, this general commercial building sits on a sizable 0.53-acre lot, offering ample room for expansion, outdoor storage, or potential future development. The property's strategic Main Street location ensures high visibility and accessibility, making it ideal for a wide range of businesses. The asking price of $59,000 represents exceptional value for a property of this size and location in Maine. The building's interior layout is adaptable and can be configured to suit various commercial needs. Its solid construction ensures durability and longevity, minimizing future maintenance costs. The 0.53-acre lot provides significant potential for outdoor activities related to the business, or for future expansion of the building itself. This property is ready for immediate occupancy and presents a rare chance to acquire a well-situated commercial space in a thriving Maine community. Don't miss this opportunity to establish your business in a prime location with significant growth potential. Serious inquiries are encouraged. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $310,000
      6.5%
      $260,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $240,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $250,000
      Mixed-Use
      $285,000
      Hospitality
      $255,000
      Educational
      $330,000
      Residential Income
      $240,000
      Energy
      $295,000
      Income-Based Land
      $325,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Mexico
    County
    Oxford
    State
    Maine
    Longitude
    -70.5454
    Latitude
    44.5559

    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
    $9,143
    $120,100
    $193,000
    $313,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.31 Acres

      18 Porter Brg Rd

      FINANCIAL BUILDING • 0.31 Acres
      18 Porter Brg Rd, Mexico, ME 04257-1224
      View Details
    • Value Estimation by Request
      0.17 Acres

      885 Riv Rd

      FINANCIAL BUILDING • 0.17 Acres
      885 Riv Rd, Mexico, ME 04257
      View Details
    • Value Estimation
      $80,000
      2.00 Acres

      655 Roxbury Rd

      FINANCIAL BUILDING • 2.00 Acres
      655 Roxbury Rd, Mexico, ME 04257-3100
      View Details
    • Value Estimation
      $290,000
      0.95 Acres

      883 Riv Rd

      FINANCIAL BUILDING • 0.95 Acres
      883 Riv Rd, Mexico, ME 04257-1851
      View Details
    • Value Estimation by Request
      9.94 Acres

      471 Riv Rd

      FINANCIAL BUILDING • 9.94 Acres
      471 Riv Rd, Mexico, ME 04257
      View Details
    • Value Estimation
      $260,000
      0.54 Acres

      89 Main St

      FINANCIAL BUILDING • 0.54 Acres
      89 Main St, Mexico, ME 04257-1440
      View Details

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    Similar Nearby for Lease

    • $5 SF/Yr
      21,860 SF

      Mexico Plaza Retail Space

      Maine Retail Space - Prime Location
      102 Main St, Mexico, ME 04257
      View Details
    • Contact for pricing

      Commercial Land Available For Lease

      1.2± AC ground lease site with utilities available.
      277 River Rd, Mexico, ME 04257
      View Details
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    20 Main St
    Mexico, ME 04257
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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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