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    Property profile & analytics

    192 Western Ave South Portland, ME 04106-2428

    • Office buildings
    • 5,400 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 06, 2020
    Location Intelligence
    Property ID
    US42-0515342
    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

    • Office buildings

    Property Details for 192 Western Ave

    Year built
    1980
    Construction
    FRAME
    Lot size
    0.86 lot acres
    Property size
    5,400 SF
    Property type
    Office buildings
    APN
    SPOR M:067 L:012
    APU
    SPORM067L012

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.322
    Latitude
    43.636
    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
    $12,162
    $298,500
    $561,600
    $860,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      18,740 SF

      39 Wallace Ave

      OFFICE BUILDING • 18,740 SF
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      65 Gannett Dr

      OFFICE BUILDING • 53,624 SF
      65 Gannett Dr, South Portland, ME 04106-6944
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      72,336 SF

      225 Gorham Rd

      OFFICE BUILDING • 72,336 SF
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      $635,000
      3,407 SF

      138 Ocean St

      OFFICE BUILDING • 3,407 SF
      138 Ocean St, South Portland, ME 04106-3652
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      9,020 SF

      21 Donald B Dean Dr

      OFFICE BUILDING • 9,020 SF
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    Similar Nearby for Sale

    • Contact for pricing
      17,071 SF

      South Portland Medical Office Building

      17,071 SF Medical Office, Ample Parking
      244 Western Ave, South Portland, ME 04106
      View Details
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      7,424 SF

      South Portland Medical Investment Opportunity

      Long-term NNN investment with a strong healthcare tenant.
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    • $560,000
      0.23 Acres

      Mixed-Use Property in South Portland

      Mixed-use property with office spaces and apartment in South Portland.
      854 Broadway, South Portland, ME 04106
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    • $560,000
      4,370 SF

      Mixed-Use Property in South Portland

      Mixed-use property with office spaces and apartment in South Portland.
      854 Broadway, South Portland, ME 04106
      View Details
    • New
      $450,000
      0.50 Acres

      South Portland Land with Ocean Views

      Half-acre lot with ocean views in desirable South Portland neighborhood.
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    • $4,650,000
      20,700 SF

      Retail Building Near Maine Mall

      20,700 SF retail building on 2 acres for sale.
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    Similar Nearby for Lease

    • $14 SF/Yr
      36,972 SF

      75 John Roberts Road Office Space

      Class A Office, 8,114 SF Available
      75 John Roberts Rd, South Portland, ME 04106
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    • $13 SF/Yr
      4,646 SF

      Class A Office/Medical Building

      Class A office/medical building with suites available for lease.
      175 Running Hill Rd, South Portland, ME 04106
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    • $14 SF/Yr
      104,752 SF

      Class A Office Space Available

      Class A office space for lease in South Portland.
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      View Details
    • $14 SF/Yr
      4,040 SF

      Corner Office Suite For Rent

      4,040± SF office suite with ample free parking.
      202 Gannett Dr, South Portland, ME 04106
      View Details
    • $18 SF/Yr
      10,308 SF

      Renovated Office Space in Portland

      10,308±SF office suite in iconic mixed-use building for lease.
      55-75 Washington Ave, Portland, ME 04106
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    • $1,800 /Mo
      1,350 SF

      Turnkey Dental Suite For Lease

      Turnkey dental suite with furniture, fixtures, and equipment in place.
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    192 Western Ave
    South Portland, ME 04106-2428
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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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