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    Property profile & analytics

    51 Mls Rd Farmington, ME 04938

    • Specialty properties
    • 828 SF
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0597220
    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

    • Specialty properties

    Property Details for 51 Mls Rd

    Year built
    1975
    Lot size
    5.00 lot acres
    Property size
    828 SF
    Zone code
    RESIDE
    Property type
    Specialty properties
    APN
    INDU M:R4 L:25
    APU
    INDUMR4L25

    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
    -70.0566
    Latitude
    44.7241

    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
    $493
    $14,000
    $19,200
    $33,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,627 SF

      303 Wilton Rd

      CHARITABLE ORGANIZATION • 1,627 SF
      303 Wilton Rd, Farmington, ME 04938-6124
      View Details
    • Value Estimation
      $285,000
      2.13 Acres

      309 Wilton Rd

      CHARITABLE ORGANIZATION • 2.13 Acres
      309 Wilton Rd, Farmington, ME 04938
      View Details
    • Value Estimation by Request
      1.13 Acres

      Mt Blue Cir

      CHARITABLE ORGANIZATION • 1.13 Acres
      Mt Blue Cir, Farmington, ME 04938
      View Details
    • Value Estimation by Request
      4,500 SF

      111 Franklin Health Cmns

      CHARITABLE ORGANIZATION • 4,500 SF
      111 Franklin Health Cmns, Farmington, ME 04938-6144
      View Details
    • Value Estimation
      $255,000
      1,780 SF

      107 Mt Blue Cir

      CHARITABLE ORGANIZATION • 1,780 SF
      107 Mt Blue Cir, Farmington, ME 04938
      View Details
    • Value Estimation
      $210,000
      1,852 SF

      105 Mt Blue Cir

      CHARITABLE ORGANIZATION • 1,852 SF
      105 Mt Blue Cir, Farmington, ME 04938-6239
      View Details

    Similar Nearby for Sale

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      Approved 2.25-acre lot near Farmington's amenities and outdoor recreation.
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    • $65,000
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      Approved subdivision land near Farmington's amenities and outdoor activities.
      R11-033-2 Bailey Hl Rd, Farmington, ME 04938
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    • $32,000
      4.00 Acres

      4-Acre Lot in Industry, Maine

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    • $39,900
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      Residential Land in Farmington, Maine

      1.75 acre residential land with westerly views near amenities.
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    • $65,000
      10.88 Acres

      Approved Subdivision with Mountain Views

      Approved five-lot subdivision near Farmington's amenities and outdoor recreation.
      R11-033-5 Bailey Hl Rd, Farmington, ME 04938
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    Similar Nearby for Lease

    • $10 SF/Yr
      750 SF

      Historic Office Space For Rent

      Professional office spaces in downtown Farmington, Maine.
      144 High St, Farmington, ME 04938
      View Details
    • $15 SF/Yr
      2,540 SF

      Retail or Restaurant Space Available

      Highly visible pad building in Hannaford-anchored retail center.
      134 Hannaford Dr, Farmington, ME 04938
      View Details
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    51 Mls Rd
    Farmington, ME 04938
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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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