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    Property profile & analytics

    31 Commercial St Skowhegan, ME 04976-1714

    • Banks
    • 2,276 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US42-0414969
    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

    • Wentworth Partners & Associates Inc. / Civil Engineer / Architect

    Property Details for 31 Commercial St

    Year built
    1961
    Lot size
    0.29 lot acres
    Property size
    2,276 SF
    Property type
    Banks
    APN
    SKOW M:26 B:137
    APU
    SKOWM26B137

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Skowhegan
    County
    Somerset
    State
    Maine
    Longitude
    -69.7191
    Latitude
    44.766

    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
    $3,978
    $41,600
    $182,900
    $224,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      28 Pleasant St

      FINANCIAL BUILDING • 0.13 Acres
      28 Pleasant St, Skowhegan, ME 04976
      View Details
    • Value Estimation by Request
      2,172 SF

      849 Rdg Rd

      FINANCIAL BUILDING • 2,172 SF
      849 Rdg Rd, Cornville, ME 04976-6202
      View Details
    • Value Estimation
      $570,000
      21,069 SF

      3 Elm St

      FINANCIAL BUILDING • 21,069 SF
      3 Elm St, Skowhegan, ME 04976
      View Details
    • Value Estimation
      $325,000
      2,092 SF

      78 Waterville Rd

      FINANCIAL BUILDING • 2,092 SF
      78 Waterville Rd, Skowhegan, ME 04976-1522
      View Details
    • Value Estimation by Request
      0.13 Acres

      20 Pleasant St

      FINANCIAL BUILDING • 0.13 Acres
      20 Pleasant St, Skowhegan, ME 04976
      View Details
    • Value Estimation by Request
      15,198 SF

      13 Elm St

      FINANCIAL BUILDING • 15,198 SF
      13 Elm St, Skowhegan, ME 04976-1201
      View Details

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      Established Tavern with Apartment Upstairs

      Turnkey pub with equipment, inventory, and a 3-bedroom apartment.
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    • $189,000
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      Skowhegan Land with Development Potential

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    • Contact for pricing
      0.20 Acres

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    31 Commercial St
    Skowhegan, ME 04976-1714
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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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