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    Property profile & analytics

    15 Portland Rd Gray, ME 04039

    • Showrooms
    • 3,313 SF
    • 2.45 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Aug 22, 2024
    Location Intelligence
    Property ID
    US42-0400866
    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

    • Showrooms

    Property Details for 15 Portland Rd

    Year built
    1900
    Construction
    BRICK
    Lot size
    2.45 lot acres
    Property size
    3,313 SF
    Zone code
    VILLAG
    Property type
    Showrooms
    APN
    GRAY M:043 B:404 L:017-000
    APU
    GRAYM043B404L017000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Gray
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3293
    Latitude
    43.8831
    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
    $8,323
    $49,400
    $498,900
    $548,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $275,000
      0.25 Acres

      11 Main St

      SHOW ROOM, WAREHOUSE • 0.25 Acres
      11 Main St, Gray, ME 04039-9531
      View Details
    • Value Estimation
      $305,000
      3.21 Acres

      152 Portland Rd

      SHOW ROOM, WAREHOUSE • 3.21 Acres
      152 Portland Rd, Gray, ME 04039-9503
      View Details
    • Value Estimation by Request
      3.70 Acres

      384 Portland Rd

      SHOW ROOM, WAREHOUSE • 3.70 Acres
      384 Portland Rd, Gray, ME 04039-9582
      View Details
    • Value Estimation
      $325,000
      0.50 Acres

      4 Portland Rd

      SHOW ROOM, WAREHOUSE • 0.50 Acres
      4 Portland Rd, Gray, ME 04039-9450
      View Details
    • Value Estimation by Request

      69 Libby Hl Rd

      SHOW ROOM, WAREHOUSE
      69 Libby Hl Rd, Gray, ME 04039
      View Details
    • Value Estimation
      $355,000
      6,368 SF

      23 Frost Rd

      SHOW ROOM, WAREHOUSE • 6,368 SF
      23 Frost Rd, Gray, ME 04039-9558
      View Details

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    15 Portland Rd
    Gray, ME 04039
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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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