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    Property profile & analytics

    1208 Frst Ave Portland, ME 04103-1873

    • Retail space
    • 5,136 SF
    • 1.28 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0518171
    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

    • McDonald's / Breakfast Restaurant / Coffee Shop
    • Maine Rat Control / Animal Control Service

    Property Details for 1208 Frst Ave

    Year built
    1981
    Lot size
    1.28 lot acres
    Property size
    5,136 SF
    Property type
    Retail space
    APN
    PTLD M:293 B:A006001
    APU
    PTLDM293BA006001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2945
    Latitude
    43.6884
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN 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
    $44,420
    $749,100
    $2,333,500
    $3,082,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      16,905 SF

      142 Presumpscot St

      RETAIL STORES (PERSONAL SERVICES) • 16,905 SF
      142 Presumpscot St, Portland, ME 04103-5221
      View Details
    • Value Estimation by Request
      18,430 SF

      736 Riverside St

      RETAIL STORES (PERSONAL SERVICES) • 18,430 SF
      736 Riverside St, Portland, ME 04103-1031
      View Details
    • Value Estimation by Request
      15,560 SF

      110 Warren Ave

      RETAIL STORES (PERSONAL SERVICES) • 15,560 SF
      110 Warren Ave, Portland, ME 04103
      View Details
    • Value Estimation by Request
      17,500 SF

      432 Warren Ave

      RETAIL STORES (PERSONAL SERVICES) • 17,500 SF
      432 Warren Ave, Portland, ME 04103-1109
      View Details
    • Value Estimation by Request
      12,516 SF

      1045 Frst Ave

      RETAIL STORES (PERSONAL SERVICES) • 12,516 SF
      1045 Frst Ave, Portland, ME 04103
      View Details
    • Value Estimation by Request
      2,440 SF

      1917 Frst Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,440 SF
      1917 Frst Ave, Portland, ME 04103-1001
      View Details

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    Similar Nearby for Lease

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      20,725 SF

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      4,572 SF

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    • $17 SF/Yr
      10,609 SF

      Portland Industrial/Office Gem

      10,609 SF, 2-Story Flex Space
      160 Presumpscot St, Portland, ME 04103
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    • Contact for pricing
      15,360 SF

      Portland Mixed-Use Commercial Space

      Prime Portland location, office & warehouse space available.
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      View Details

    Property Visit Statistics

    • Visits by month
      32.0k
    • Visitors by month
      20.0k
    • Avg Time on site
      7 min
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    1208 Frst Ave
    Portland, ME 04103-1873
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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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