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

    11 Readfield Rd Manchester, ME 04351-3202

    • Investment properties
    • 741 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US42-0161170
    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

    • Investment properties

    Property Details for 11 Readfield Rd

    Year built
    1810
    Construction
    BRICK
    Lot size
    1.14 lot acres
    Property size
    741 SF
    Zone code
    MANCH.
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    MANR M:U18 L:016
    APU
    MANRMU18L016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $290,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $365,000
      Geo Method
      $290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $320,000
      Mixed-Use
      $280,000
      Hospitality
      $305,000
      Educational
      $290,000
      Residential Income
      $305,000
      Energy
      $375,000
      Income-Based Land
      $330,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Kennebec
    State
    Maine
    Longitude
    -69.8613
    Latitude
    44.3258
    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
    $2,309
    $36,300
    $102,800
    $139,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      48.39 Acres

      17 Patch Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 48.39 Acres
      17 Patch Rd, Manchester, ME 04351-3702
      View Details
    • Value Estimation
      $310,000
      1,456 SF

      21 Cross St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,456 SF
      21 Cross St, Manchester, ME 04351-3421
      View Details
    • Value Estimation
      $510,000
      1,641 SF

      58 Pond Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,641 SF
      58 Pond Rd, Manchester, ME 04351-3615
      View Details
    • Value Estimation
      $290,000
      216 SF

      79 Patch Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 216 SF
      79 Patch Rd, Manchester, ME 04351-3702
      View Details
    • Value Estimation
      $310,000
      1,073 SF

      212 Readfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,073 SF
      212 Readfield Rd, Manchester, ME 04351-3216
      View Details
    • Value Estimation
      $270,000
      1,560 SF

      51 Pelton Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,560 SF
      51 Pelton Hl Rd, Manchester, ME 04351-3354
      View Details

    Similar Nearby for Sale

    • $999,999
      10,150 SF

      Manchester Mixed-Use Investment Opportunity

      High-traffic, renovated commercial building with income potential.
      675 Western Ave, Manchester, ME 04351
      View Details
    • $695,000
      3,719 SF

      Multi-Use Commercial Building on Route 202

      3700 SF multi-unit commercial building with high visibility on Route 202.
      693 Western Ave, Manchester, ME 04351
      View Details
    • $1,456,000
      9,026 SF

      Dollar General NNN Investment Opportunity

      Single-tenant Dollar General with corporate-backed NNN lease in Manchester, ME.
      1022 Western Ave, Manchester, ME 04351
      View Details
    • $155,000
      12.00 Acres

      Prime Land in Manchester, Maine

      12-acre parcel in Manchester with public water and sewer connections.
      Ingraham St, Manchester, ME 04351
      View Details
    • $265,000
      9.75 Acres

      9.75 Acres in Manchester, ME

      9.75-acre parcel in Manchester with public water and sewer connections.
      Cross St, Manchester, ME 04351
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      2,068 SF

      Class A Office Space

      Premier office space in a highly visible, accessible location.
      23 Bowdoin St, Manchester, ME 04351
      View Details
    • Contact for pricing

      Manchester, ME Land Parcel

      Land parcel available for lease in Manchester, Maine.
      1 Granite Hill Rd, Manchester, ME 04351
      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.
    11 Readfield Rd
    Manchester, ME 04351-3202
    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.