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

    61 Barnett Way Belgrade, ME 04917-4032

    • Banks
    • 2,420 SF
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US42-0032263
    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 61 Barnett Way

    Lot size
    1.18 lot acres
    Property size
    2,420 SF
    Property type
    Banks
    APN
    BELG M:03 L:055
    APU
    BELGM03L055

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $380,000
      6.5%
      $440,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $460,000
      Mixed-Use
      $420,000
      Hospitality
      $485,000
      Educational
      $420,000
      Residential Income
      $400,000
      Energy
      $430,000
      Income-Based Land
      $475,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Belgrade
    County
    Kennebec
    State
    Maine
    Longitude
    -69.8627
    Latitude
    44.4384
    CBSA code
    12300
    CBSA name
    AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA

    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
    $2,060
    $50,200
    $180,000
    $230,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      1,372 SF

      151 Knowles Rd

      FINANCIAL BUILDING • 1,372 SF
      151 Knowles Rd, Belgrade, ME 04917-3901
      View Details
    • Value Estimation by Request
      896 SF

      17 Rainbow Rd

      FINANCIAL BUILDING • 896 SF
      17 Rainbow Rd, Belgrade, ME 04917-3003
      View Details
    • Value Estimation
      $265,000
      1.00 Acre

      444 Smithfield Rd

      FINANCIAL BUILDING • 1.00 Acre
      444 Smithfield Rd, Belgrade, ME 04917-3230
      View Details
    • Value Estimation
      $345,000
      4,037 SF

      14 Hoyt Is

      FINANCIAL BUILDING • 4,037 SF
      14 Hoyt Is, Belgrade, ME 04917
      View Details
    • Value Estimation
      $350,000
      1,456 SF

      330 Oakland Rd

      FINANCIAL BUILDING • 1,456 SF
      330 Oakland Rd, Belgrade, ME 04917-3626
      View Details
    • Value Estimation
      $345,000
      2,713 SF

      750 Oakland Rd

      FINANCIAL BUILDING • 2,713 SF
      750 Oakland Rd, Belgrade, ME 04917-3411
      View Details

    Similar Nearby for Sale

    • New
      $269,000
      57.00 Acres

      Belgrade Land with Water Frontage

      Land with frontage on Belgrade Stream and Hoyt Brook.
      Bartlett Rd, Belgrade, ME 04917
      View Details
    • $1,695,000
      16,000 SF

      Prime Belgrade Self Storage

      100-unit facility, high demand area.
      688 Manchester Rd, Belgrade, ME 04917
      View Details
    • $699,000
      17.00 Acres

      Belgrade, ME Sand and Gravel

      Sand and gravel pit with estimated 300,000 yards of material.
      Horse Point Rd, Belgrade, ME 04917
      View Details
    • $239,000
      1,040 SF

      Belgrade Commercial Property - Route 27

      High-visibility commercial lot, 1040 sq ft garage.
      991 Augusta Rd, Belgrade, ME 04917
      View Details
    • $1,350,000
      16,000 SF

      Self-Storage Facility in Belgrade, ME

      100-unit self-storage facility with expansion plans in Belgrade, ME.
      688 Manchester Rd, Belgrade, ME 04917
      View Details
    • $785,000
      2,200 SF

      Lakeside Retreat with Two Houses

      Charming property on 3.89 acres with 358ft waterfront.
      117 Taylor Woods Rd, Belgrade, ME 04917
      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.
    61 Barnett Way
    Belgrade, ME 04917-4032
    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.