$279,000

M5, L87-1 Main St Palmyra, ME 04965

Estimated payment $1,532/month

Total Views 162
4.65 Acres
$60,000 Price per Acre
202,554 Sq Ft Lot

About This Lot

Prime 4.65± acre commercial lot on Main Street in Palmyra, perfectly positioned among established businesses, restaurants, and shopping destinations. Just over a mile from the I-95 exit, this high-visibility location benefits from strong daily traffic and excellent accessibility. Ideal for a variety of commercial uses—retail, offices, restaurant, or a multi-unit strip center. Seller is willing to build to suit, offering flexibility for your development vision.

Listing Agent

Stacy White

Better Homes & Gardens Real Estate/The Masiello Group Listed on: 12/08/2025

Better Homes & Gardens Real Estate/The Masiello Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $816

Lot Details

  • 4.65 Acre Lot
  • Property is zoned Commercial

Mobile Home

  • Mobile Home Allowed

Utilities

  • Electricity Not Available
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 87-1
  • Assessor Parcel Number Map5Lot87-1MainStreetPalmyra04965

Property Details

Property Type

Land

Est. Annual Taxes

$816

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.65
  • MLS Status: Active
  • Directions: From I-95 South, take Exit 157 to Newport (take right onto Moosehead Trail). Take left onto Route 2 toward Palmyra. Lot is just past Hersey Eye Care 1487 Main St, on left
  • Property Information:Seasonal: No
  • Water Info:Water View2: No
  • Property Information:Mobile Homes Allowed: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 202554.0
  • Parcel #: Map5Lot87-1MainStreetPalmyra04965
  • Zoning: Commercial

Tax Info

  • Tax Annual Amount: 816.0
  • Tax Lot: 87-1

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
12/08/2025 12/08/25 For Sale $279,000 -- --
Source: Maine Listings

Source: Maine Listings

MLS Number: 1645855

Maine Listings
Maine Somerset County Palmyra 04965

M5, L87-1 Main St, Palmyra, ME

For Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Maine Listings Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
© 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.

Homes.com, LLC, 17600 Laguna Canyon Rd Irvine, CA 92618 (888)-952-6393

Nearby Homes
Listing Agent
Stacy White
Section Image
Better Homes & Gardens Real Estate/The Masiello Group
(207) 802-7668