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    Property profile & analytics

    1302 Friendship Rd Waldoboro, ME 04572

    • Commercial land
    • 23.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 07, 2024
    Location Intelligence
    Property ID
    US42-0488096
    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

    • Commercial land

    Property Details for 1302 Friendship Rd

    Lot size
    23.00 lot acres
    Zone code
    SHOREL
    Property type
    Commercial land
    APN
    WALB M:R7 L:59
    APU
    WALBMR7L59

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waldoboro
    County
    Lincoln
    State
    Maine
    Longitude
    -69.355
    Latitude
    44.0689

    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
    $109
    $7,000
    $0.00
    $7,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4.10 Acres

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    • Value Estimation by Request
      32.40 Acres

      Waldoboro, ME 04572

      VACANT COMMERCIAL LAND • 32.40 Acres
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    • Value Estimation by Request
      8.70 Acres

      Waldoboro, ME 04572

      VACANT COMMERCIAL LAND • 8.70 Acres
      Waldoboro, ME 04572
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    • Value Estimation by Request
      2.31 Acres

      Waldoboro, ME 04572

      VACANT COMMERCIAL LAND • 2.31 Acres
      Waldoboro, ME 04572
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    • Value Estimation by Request
      3.95 Acres

      839 Old Rte 1st 1

      VACANT COMMERCIAL LAND • 3.95 Acres
      839 Old Rte 1st 1, Waldoboro, ME 04572-6226
      View Details
    • Value Estimation by Request
      1.97 Acres

      61 Gln St

      VACANT COMMERCIAL LAND • 1.97 Acres
      61 Gln St, Waldoboro, ME 04572-6433
      View Details

    Similar Nearby for Sale

    • New
      $129,000
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      Prime Land in Mid-Coast Maine

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    • New
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      5.04-acre commercial land with high visibility on Route 1.
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    • $78,000
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      11.5 acres of raw land, potential wood lot.
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    • New
      $44,900
      5.28 Acres

      Wooded Lot in Waldoboro, Maine

      5.28-acre wooded lot ready for your vision in Waldoboro.
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    • New
      $48,000
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      Residential Land in Waldoboro, Maine

      1.12 acre lightly wooded lot suitable for residential development.
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    • New
      $105,000
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      Land with Medomak River Frontage

      16.85 acres of wooded land with river frontage.
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    Similar Nearby for Lease

    • $14 SF/Yr
      1,025 SF

      Retail/Office Space on Coastal Highway

      Retail or office space available on Maine's busiest corridor.
      1401 Atlantic Hwy, Waldoboro, ME 04572
      View Details
    • Contact for pricing
      1,975 SF

      Commercial Space Near U.S. Route 1

      Commercial space available for lease off U.S. Route 1.
      25 Washington Rd, Waldoboro, ME 04572
      View Details
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    1302 Friendship Rd
    Waldoboro, ME 04572
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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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