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    Property profile & analytics

    1963 Us Rte 1st 1 Cape Neddick, ME 03902

    • Motels
    • 9,353 SF
    • 2.81 lot acres
    OFF-MARKET
    Value Estimation
    $11,130,000
    Last Sale
    Mar 31, 2023
    $15,000,000
    Location Intelligence
    Property ID
    US42-0118610
    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

    • Motels

    Property Details for 1963 Us Rte 1st 1

    Year built
    1950
    Construction
    FRAME
    Lot size
    2.81 lot acres
    Property size
    9,353 SF
    Zone code
    R1-6
    Property type
    Motels
    APN
    YORK M:0001 B:0004
    APU
    YORKM0001B0004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cape Neddick
    County
    York
    State
    Maine
    Longitude
    -70.6141
    Latitude
    43.2123
    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
    $9,042
    $684,200
    $385,900
    $1,070,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      325 SF

      1521 Us Rte 1st, Unit 10

      MOTEL • 325 SF
      1521 Us Rte 1st, Cape Neddick, ME 03902-7432
      View Details
    • Value Estimation by Request
      275 SF

      1521 Us Rte 1st, Unit 5

      MOTEL • 275 SF
      1521 Us Rte 1st, Cape Neddick, ME 03902-7432
      View Details
    • Value Estimation by Request
      325 SF

      1521 Us Rte 1st, Unit 8

      MOTEL • 325 SF
      1521 Us Rte 1st, Cape Neddick, ME 03902-7432
      View Details
    • Value Estimation by Request
      410 SF

      1521 Us Rte 1st, Unit 15

      MOTEL • 410 SF
      1521 Us Rte 1st, Cape Neddick, ME 03902-7432
      View Details
    • Value Estimation by Request
      275 SF

      1521 Us Rte 1st, Unit 2

      MOTEL • 275 SF
      1521 Us Rte 1st, Cape Neddick, ME 03902-7432
      View Details
    • Value Estimation by Request
      275 SF

      1521 Us Rte 1st, Unit 4

      MOTEL • 275 SF
      1521 Us Rte 1st, Cape Neddick, ME 03902-7432
      View Details

    Similar Nearby for Sale

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      Prestigious Estate Lot in York

      8-acre estate lot near the Maine coast's finest attractions.
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    • $950,000
      37 SF

      Residential Development Site in Maine

      Residential development site in Southern Maine near beaches.
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    • $350,000
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      Vacant lot near Ogunquit's Perkins Cove, ready for artistic retreat.
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    • $1,500,000
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      30-Acre Wooded Sanctuary in York

      Rare 30-acre wooded sanctuary in the heart of Cape Neddick.
      10 Blue Heron Cv, Cape Neddick, ME 03902
      View Details
    • $289,000
      1.00 Acre

      Residential Land in Cape Neddick

      Private 4-lot subdivision surrounded by conservation land in Cape Neddick.
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      View Details
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    Cape Neddick, ME 03902
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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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