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    Property profile & analytics

    70 Waterville Rd Skowhegan, ME 04976-1526

    • Auto shops
    • 1,215 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $275,000
    Location Intelligence
    Property ID
    US42-0249583
    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

    • Auto shops

    Property Details for 70 Waterville Rd

    Year built
    1950
    Lot size
    0.61 lot acres
    Property size
    1,215 SF
    Property type
    Auto shops
    APN
    SKOW M:22 B:94 L:1
    APU
    SKOWM22B94L1

    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%
      $255,000
      6.5%
      $270,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $285,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $250,000
      Mixed-Use
      $235,000
      Hospitality
      $330,000
      Educational
      $310,000
      Residential Income
      $235,000
      Energy
      $300,000
      Income-Based Land
      $240,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Skowhegan
    County
    Somerset
    State
    Maine
    Longitude
    -69.7104
    Latitude
    44.7635

    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
    $3,599
    $84,300
    $118,800
    $203,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $300,000
      1,650 SF

      260 Madison Ave

      AUTO REPAIR, GARAGE • 1,650 SF
      260 Madison Ave, Skowhegan, ME 04976-2050
      View Details
    • Value Estimation by Request
      864 SF

      77 Steward Hl Rd

      AUTO REPAIR, GARAGE • 864 SF
      77 Steward Hl Rd, Skowhegan, ME 04976-4009
      View Details
    • Value Estimation
      $925,000
      0.30 Acres

      331 Madison Ave

      AUTO REPAIR, GARAGE • 0.30 Acres
      331 Madison Ave, Skowhegan, ME 04976-4227
      View Details
    • Value Estimation
      $365,000
      3,312 SF

      26 Merithew Dr

      AUTO REPAIR, GARAGE • 3,312 SF
      26 Merithew Dr, Skowhegan, ME 04976-4822
      View Details
    • Value Estimation
      $330,000
      3,600 SF

      109 Waterville Rd

      AUTO REPAIR, GARAGE • 3,600 SF
      109 Waterville Rd, Skowhegan, ME 04976-1538
      View Details
    • Value Estimation by Request
      1,200 SF

      61 Greenwood Ave

      AUTO REPAIR, GARAGE • 1,200 SF
      61 Greenwood Ave, Skowhegan, ME 04976-2035
      View Details

    Similar Nearby for Sale

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      Versatile commercial space with ample room and convenient access.
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    • $550,000
      2,496 SF

      Established Tavern with Apartment in Maine

      Turnkey tavern with a 3-bedroom apartment and high visibility.
      1 Waterville Rd, Skowhegan, ME 04976
      View Details
    • $550,000
      2,496 SF

      Established Tavern with Apartment Upstairs

      Turnkey pub with equipment, inventory, and a 3-bedroom apartment.
      1 Waterville Rd, Skowhegan, ME 04976
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Land in Skowhegan, Maine

      0.2 acre lot for residential development in Skowhegan, Maine.
      M33 Reed St, Skowhegan, ME 04976
      View Details
    • $189,000
      93.00 Acres

      Skowhegan Land with Development Potential

      93 acres with road frontage, pond, and interior trails.
      627 Waterville Rd, Skowhegan, ME 04976
      View Details
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    70 Waterville Rd
    Skowhegan, ME 04976-1526
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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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