Residential

Palermo, ME Residential Land & Home Lots for Sale

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Commercial Land Parcel with Route Frontage
Updated: Jun 14
Commercial Land Parcel with Route Frontage

2680 Route 3, Palermo, ME 04354

$69,000
6.20 AC lot
6.2‑acre parcel of land on Route 3
Existing shared driveway provides access from Route 3 into the property
Route 3 frontage offers potential visibility for a business location
Back 3 acres are described as wooded, offering a homestead setting
Potential for development into 2 or 3 house lots
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Waterfront Home Lot in Rural Setting
Updated: Jul 2
Waterfront Home Lot in Rural Setting

Snowberry Lane lot: 12, Palermo, ME 04354

$72,000
3.57 AC lot
Largest lot in the subdivision (3.5+ acres) offering ample space and potential.
Frontage on Lovejoy Brook (Turner Branch) providing a peaceful and private natural setting.
Convenient access to power at the road.
Close proximity to local schools, lakes, and year‑round recreational opportunities.
Within 30 minutes of Augusta.
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Spacious Lot in Peaceful Setting
Spacious Lot in Peaceful Setting

Lot 12 Snowberry Lane, Palermo, ME 04354

$72,000
155,509 sqft 3.50 AC lot

3.5+ acre surveyed lot in a desirable location.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Palermo, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Elevated Development Land Parcel
Elevated Development Land Parcel

649 Patricktown Road, Somerville, ME 04348

$560,000
63.31 AC lot

Over 63 acres of land featuring a high elevated peak, with material reportedly available on site.

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Ready-to-Build Cleared Land
Ready-to-Build Cleared Land

14-01 Crie Hill Road, Liberty, ME 04949

$39,900
57,934 sqft 1.33 AC lot

Cleared and graded lot ready for immediate construction.

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Ready-to-Build Lot Near Belfast Harbor
Ready-to-Build Lot Near Belfast Harbor

14-01 Crie Hill Road, Liberty, ME 04949

$39,900
1.33 AC lot

Cleared, graded 1.33-acre lot with electric, driveway, and soil test.

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Land
Land

649 Patricktown Road, Somerville, ME 04348

$560,000

Mining land & claims

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Palermo, ME Residential Land & Home Lots Market Trends and Statistics

Explore 3 residential land & home lots for sale in Palermo, ME, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 578,041 square feet of properties for sale, with an estimated market value of $213,000.

Sale prices for home sites in Palermo, ME start at $69,000, averaging $71,000, and reaching up to $72,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 3
Commercial land 2
Agricultural land / Farmland 1
Hunting land 1
Waterfront Land 1

Demographics Overview

Population 1,420
Population Growth (5Y) -2.9%
Median Household Income $92,344
College Educated 46.1%

High-Yield Neighborhoods for Investment

Identify Palermo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
04354 $70.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Waldo County

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