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    Property profile & analytics

    257 Fairbanks Rd Farmington, ME 04938-5723

    • Investment properties
    • 2,688 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimation
    $200,000
    Location Intelligence
    Property ID
    US42-0211932
    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

    • Investment properties

    Property Details for 257 Fairbanks Rd

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    0.33 lot acres
    Property size
    2,688 SF
    Zone code
    RB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    FARN M:U20 L:011
    APU
    FARNMU20L011

    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
    -70.1562
    Latitude
    44.6834

    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
    $2,345
    $28,400
    $89,400
    $117,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      960 SF

      115 School St

      OFFICE/RESIDENTIAL (MIXED USE) • 960 SF
      115 School St, Farmington, ME 04938-1533
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    • Value Estimation
      $285,000
      1,144 SF

      109 Hagerstrom Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,144 SF
      109 Hagerstrom Dr, Farmington, ME 04938-5514
      View Details
    • Value Estimation
      $360,000
      6,501 SF

      242 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,501 SF
      242 High St, Farmington, ME 04938-1755
      View Details
    • Value Estimation
      $295,000
      2,432 SF

      126 Middle St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,432 SF
      126 Middle St, Farmington, ME 04938-6937
      View Details
    • Value Estimation
      $310,000
      713 SF

      169 Shr Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 713 SF
      169 Shr Rd, Farmington, ME 04938
      View Details
    • Value Estimation by Request
      1,228 SF

      88 Shr Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,228 SF
      88 Shr Rd, Farmington, ME 04938
      View Details

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    Similar Nearby for Lease

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    Request Owner's contact information
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    257 Fairbanks Rd
    Farmington, ME 04938-5723
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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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