NOT LISTED FOR SALE

2868 Rt 3 Palermo, ME 04354

2.2 Acres
-- Price per Acre
95,832 Sq Ft Lot

Last Sold September 12, 2025

Last sale price $40,000

632 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Level Lot

About This Lot

As of September 2025

Versatile 2.2-Acre Lot on High-Traffic Rt. 3 - Ideal for Business or Home

Located directly on the busy Augusta/Belfast Road (Route 3), this 2.2-acre mixed-use wooded lot offers prime visibility and endless potential. With great sightlines and steady traffic, it's a strategic spot for a commercial venture, home-based business, or residence.

Whether you're dreaming of a storefront, workshop, office, or studio, or simply looking to build a home with business potential, this property delivers. There are no residential restrictions — mobile homes, double-wides, and stick-built homes are all permitted.

Conveniently positioned with an easy commute to Augusta, Belfast, and Waterville, this location balances accessibility and privacy, while offering flexibility to suit a variety of needs.

Last Agent to Sell the Property

Stacy Colby-Barnes

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 10/20/2023

Better Homes & Gardens Real Estate/The Masiello Group

Last Buyer's Agent

Tina Clifford

Coldwell Banker Plourde Real Estate

Coldwell Banker Plourde Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $263

Lot Details

  • 2.2 Acre Lot
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Property is zoned Comm/Res

Parking

  • No Driveway

Mobile Home

  • Mobile Home Allowed

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 2869RTE2Palermo04354

Property Details

Property Type

Land

Est. Annual Taxes

$263

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.2
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Directions: Rt. 3 Palermo across from Banton Road. When facing Lot property is to the right of Cemetery
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 2.2
  • Site:Level: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Gas:No Gas: Yes
  • Location:Rural: Yes
  • Site:Wooded: Yes
  • Driveway:No Driveway: Yes
  • Property Information:Mobile Homes Allowed: Yes
  • Parking:No Parking: Yes
  • Electric:No Electric: Yes
  • Sewer:None4: Yes
  • Water:None5: Yes
  • Advertising Remarks:Advertising Remarks: Versatile 2.2-Acre Lot on High-Traffic Rt. 3 - Ideal for Business or Home Located directly on the busy Augusta/Belfast Road (Route 3), this 2.2-acre mixed-use wooded lot offers prime visibility and endless potential. With great sightlines and steady traffic, it's a strategic spot for a commercial venture, home-based business, or residence. Whether you're dreaming of a storefront, workshop, office, or studio, or simply looking to build a home with business potential, this property delivers. There are no residential restrictions — mobile homes, manufactured homes, and stick-built homes are all permitted. Conveniently positioned with an easy commute to Augusta, Belfast, and Waterville, this location balances accessibility and privacy, while offering flexibility to suit a variety of needs. Contact Stacy Barnes, Better Homes and Gardens Masiello Group 207-350-0022 Stacybarnes@masiello.com
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level, Wooded, Rural
  • Waterfront: No

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Electric: No Electric
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No Restrictions

Lot Info

  • Lot Size Sq Ft: 95832.0
  • Parcel #: 2869RTE2Palermo04354
  • Zoning: Comm/Res

Tax Info

  • Tax Annual Amount: 263.0
  • Tax Lot: 52
  • Tax Year: 2023

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $40,000 +0.3% --
07/13/2025 07/13/25 Pending -- -- --
07/12/2025 07/12/25 Price Changed $39,900 -33.4% --
12/21/2024 12/21/24 Price Changed $59,900 -7.8% --
05/06/2024 05/06/24 Price Changed $65,000 -7.1% --
10/20/2023 10/20/23 For Sale $70,000 -- --
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $258 $22,400 $22,400 $0
2023 $263 $23,900 $23,900 $0
2022 $249 $23,900 $23,900 $0
2021 $330 $23,900 $23,900 $0
2020 $323 $23,900 $23,900 $0
2019 $318 $23,900 $23,900 $0
2018 $304 $23,900 $23,900 $0
2017 $320 $23,900 $23,900 $0
2016 $315 $23,900 $23,900 $0
2015 $318 $23,900 $23,900 $0
2013 $275 $23,900 $23,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1575397

Maine Listings

APN: PALE M:R10 L:52