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

    38 Eddy Rd Newry, ME 04261-3871

    • Banks
    • 3,461 SF
    • 39.62 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US42-0153240
    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 38 Eddy Rd

    Year built
    2005
    Construction
    CONCRETE
    Lot size
    39.62 lot acres
    Property size
    3,461 SF
    Zone code
    RA
    Property type
    Banks
    APN
    NEWR M:R-8 L:8
    APU
    NEWRMR8L8

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $325,000
      6.5%
      $310,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $345,000
      Mixed-Use
      $280,000
      Hospitality
      $295,000
      Educational
      $345,000
      Residential Income
      $285,000
      Energy
      $270,000
      Income-Based Land
      $275,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    Newry
    County
    Oxford
    State
    Maine
    Longitude
    -70.8317
    Latitude
    44.5366

    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
    $4,531
    $82,700
    $450,300
    $533,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $475,000
      3,053 SF

      6 Fairway Dr

      FINANCIAL BUILDING • 3,053 SF
      6 Fairway Dr, Newry, ME 04261
      View Details
    • Value Estimation
      $315,000
      1,440 SF

      29 Riverbank Rd

      FINANCIAL BUILDING • 1,440 SF
      29 Riverbank Rd, Newry, ME 04261
      View Details
    • Value Estimation
      $355,000
      2,409 SF

      11 Timberline Rd

      FINANCIAL BUILDING • 2,409 SF
      11 Timberline Rd, Newry, ME 04261-3426
      View Details
    • Value Estimation
      $230,000
      4.00 Acres

      20 Mordamic Trl

      FINANCIAL BUILDING • 4.00 Acres
      20 Mordamic Trl, Upton, ME 04261-4202
      View Details
    • Value Estimation by Request
      0.97 Acres

      8 Barker Brk Rd

      FINANCIAL BUILDING • 0.97 Acres
      8 Barker Brk Rd, Upton, ME 04261
      View Details
    • Value Estimation
      $300,000
      1,536 SF

      122 Locke Vlg Rd

      FINANCIAL BUILDING • 1,536 SF
      122 Locke Vlg Rd, Newry, ME 04261
      View Details

    Similar Nearby for Sale

    • New
      $209,000
      2.80 Acres

      Land Near Sunday River Resort

      Mountainside land with views, near golf and skiing.
      Tourmaline Way, Newry, ME 04261
      View Details
    • $1,350,000

      Newry Land for Sale

      Land for sale in Newry's resort development district.
      23 Skiway Rd, Newry, ME 04261
      View Details
    • New
      $799,000
      137.00 Acres

      Undeveloped Land Near Sunday River

      Large parcel near Sunday River Ski Resort and Golf Club.
      Riley Rd, Newry, ME 04261
      View Details
    • New
      $99,500
      20.00 Acres

      Scenic Land in Upton, ME

      20 acres with stream, mountain views, and recreational access.
      lot 1 & 2 Thistle St, Upton, ME 04261
      View Details
    • $150,000
      0.45 Acres

      Land Near Sunday River Ski

      0.45-acre lot near Sunday River Ski Area in Newry, Maine.
      lot 23/24 Coombs Rd, Newry, ME 04261
      View Details
    • $165,000
      5.90 Acres

      Land with Mountain Views

      5.9 acre lot in Great Brook Preserve with views.
      lot 23.1 Glades View Ave, Newry, ME 04261
      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.
    38 Eddy Rd
    Newry, ME 04261-3871
    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.