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    Property profile & analytics

    2 Atlantic Ave Old Orchard Beach, ME 04064-2608

    • Investment properties
    • 6,433 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 09, 2021
    Location Intelligence
    Property ID
    US42-0504618
    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

    • Investment properties

    Property Details for 2 Atlantic Ave

    Year built
    1977
    Construction
    FRAME
    Lot size
    0.22 lot acres
    Property size
    6,433 SF
    Zone code
    DD-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    OOBH M:313 B:5 L:5
    APU
    OOBHM313B5L5

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Old Orchard Beach
    County
    York
    State
    Maine
    Longitude
    -70.3783
    Latitude
    43.5095
    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
    $17,491
    $645,000
    $889,300
    $1,534,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      47,532 SF

      38 Portland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 47,532 SF
      38 Portland Ave, Old Orchard Beach, ME 04064-3500
      View Details
    • Value Estimation
      $360,000
      1,474 SF

      41 Old Orch St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,474 SF
      41 Old Orch St, Old Orchard Beach, ME 04064-2209
      View Details
    • Value Estimation
      $295,000
      5,306 SF

      5 Temple Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,306 SF
      5 Temple Ave, Old Orchard Beach, ME 04064
      View Details
    • Value Estimation
      $355,000
      2,052 SF

      23 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,052 SF
      23 Grand Ave, Old Orchard Beach, ME 04064
      View Details
    • Value Estimation
      $325,000
      2,517 SF

      126 Grand Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,517 SF
      126 Grand Ave, Old Orchard Beach, ME 04064-2626
      View Details
    • Value Estimation
      $265,000
      1,014 SF

      1 Old Orch Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,014 SF
      1 Old Orch Rd, Old Orchard Beach, ME 04064-1221
      View Details

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    2 Atlantic Ave
    Old Orchard Beach, ME 04064-2608
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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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