Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    204 Sherman St Island Falls, ME 04747-4419

    • Commercial real estate
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    Jul 11, 2023
    $110,000
    Location Intelligence
    Property ID
    US42-0594592
    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

    • Commercial real estate

    Property Details for 204 Sherman St

    Lot size
    2.00 lot acres
    Property type
    Commercial real estate
    APN
    ISLA M:019 L:050
    APU
    ISLAM019L050

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Island Falls
    County
    Aroostook
    State
    Maine
    Longitude
    -68.2706
    Latitude
    45.995

    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
    $1,316
    $18,000
    $37,400
    $55,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      100 Church St

      COMMERCIAL (GENERAL) • 0.14 Acres
      100 Church St, Crystal, ME 04747-2102
      View Details
    • Value Estimation
      $125,000
      2.68 Acres

      1366 Crystal Rd

      COMMERCIAL (GENERAL) • 2.68 Acres
      1366 Crystal Rd, Island Falls, ME 04747-4369
      View Details
    • Value Estimation
      $320,000
      0.85 Acres

      416 Shr Rd

      COMMERCIAL (GENERAL) • 0.85 Acres
      416 Shr Rd, Island Falls, ME 04747
      View Details
    • Value Estimation
      $305,000
      0.42 Acres

      38 Sr Crabtree Ln

      COMMERCIAL (GENERAL) • 0.42 Acres
      38 Sr Crabtree Ln, Island Falls, ME 04747-4139
      View Details
    • Value Estimation
      $325,000
      0.57 Acres

      207 Sewall St

      COMMERCIAL (GENERAL) • 0.57 Acres
      207 Sewall St, Island Falls, ME 04747-4328
      View Details
    • Value Estimation by Request
      5,204 SF

      713 Crystal Rd

      Commercial real estate • 5,204 SF
      713 Crystal Rd, Crystal, ME 04747
      View Details

    Similar Nearby for Sale

    • $450,000
      5,204 SF

      Crystal, ME Commercial Property

      7.5 Acres, Multiple Buildings, Equipment Included
      713 Crystal Rd, Crystal, ME 04747
      View Details
    • New
      $130,000
      1.84 Acres

      Island Falls Lakefront Land Parcel

      1.84 acres with 336' lake frontage, views of Katahdin.
      Townline Rock Rd, Island Falls, ME 04747
      View Details
    • $119,000
      110.00 Acres

      Remote Acres with Mountain Views

      Off-grid land bordering trails with views of Mt. Katahdin.
      Back Side Of May Mtn, Island Falls, ME 04747
      View Details
    • $164,900
      3,976 SF

      Versatile Garage Shop on 1.35 Acres

      Remodeled garage shop suitable for service, sales, repair, or storage.
      56 Keith Brook Rd, Dyer Brook, ME 04747
      View Details
    • $425,000
      7.50 Acres

      Crystal, ME Commercial Property

      Commercial property with buildings, equipment, and acreage in Crystal, Maine.
      713 Crystal Rd, Crystal, ME 04747
      View Details
    • $45,000
      66.00 Acres

      Landlocked Land in Dyer Brook

      66 acres of landlocked agricultural land in Dyer Brook, Maine.
      Dyer Brook Rd, Dyer Brook, ME 04747
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    204 Sherman St
    Island Falls, ME 04747-4419
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.