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    Property profile & analytics

    171 Waterville Rd Skowhegan, ME 04976-4831

    • Office buildings
    • 1,404 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Jan 08, 2020
    Location Intelligence
    Property ID
    US42-0252526
    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

    • Sun Rayz / Tanning Salon
    • Nails and Brows Co. / Nail Salon

    Property Details for 171 Waterville Rd

    Year built
    1990
    Lot size
    0.31 lot acres
    Property size
    1,404 SF
    Property type
    Office buildings
    APN
    SKOW M:21 B:2 L:1
    APU
    SKOWM21B2L1

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $385,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $400,000
      Mixed-Use
      $345,000
      Hospitality
      $365,000
      Educational
      $435,000
      Residential Income
      $405,000
      Energy
      $365,000
      Income-Based Land
      $420,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Skowhegan
    County
    Somerset
    State
    Maine
    Longitude
    -69.7012
    Latitude
    44.7601

    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
    $3,011
    $63,000
    $106,900
    $169,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      784 SF

      402 Water St

      OFFICE BUILDING • 784 SF
      402 Water St, Skowhegan, ME 04976-1712
      View Details
    • Value Estimation
      $320,000
      3,600 SF

      10 High St

      OFFICE BUILDING • 3,600 SF
      10 High St, Skowhegan, ME 04976-1865
      View Details
    • Value Estimation
      $295,000
      2,834 SF

      12 Cross St

      OFFICE BUILDING • 2,834 SF
      12 Cross St, Skowhegan, ME 04976-1810
      View Details
    • Value Estimation
      $300,000
      1,755 SF

      10 Is Ave

      OFFICE BUILDING • 1,755 SF
      10 Is Ave, Skowhegan, ME 04976-1101
      View Details
    • Value Estimation
      $255,000
      4,462 SF

      48 Ct St

      OFFICE BUILDING • 4,462 SF
      48 Ct St, Skowhegan, ME 04976-1864
      View Details
    • Value Estimation
      $90,000
      676 SF

      7 Leavitt St

      OFFICE BUILDING • 676 SF
      7 Leavitt St, Skowhegan, ME 04976-1805
      View Details

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    • Contact for pricing
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      Skowhegan Land with Development Potential

      93 acres with road frontage, pond, and interior trails.
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      Skowhegan Land For Sale

      One-acre lot ideal for commercial or residential use.
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    171 Waterville Rd
    Skowhegan, ME 04976-4831
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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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