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    Property profile & analytics

    202 Main St Damariscotta, ME 04543

    • Office buildings
    • 2,092 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US42-0318243
    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

    • Revive Salon & Skin Care / Beauty Salon / Skin Care Clinic
    • SugarSpell Sweets - on the lawn (closed for the season) / Dessert Shop
    • Kullat Nunu / Rock Shop
    • Acasa Hair Salon / Hair Salon

    Property Details for 202 Main St

    Year built
    1805
    Construction
    BRICK
    Lot size
    0.25 lot acres
    Property size
    2,092 SF
    Zone code
    RB
    Property type
    Office buildings
    APN
    DAMA M:006 L:079
    APU
    DAMAM006L079

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $390,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $345,000
      Mixed-Use
      $365,000
      Hospitality
      $355,000
      Educational
      $380,000
      Residential Income
      $380,000
      Energy
      $370,000
      Income-Based Land
      $430,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Damariscotta
    County
    Lincoln
    State
    Maine
    Longitude
    -69.5303
    Latitude
    44.0325

    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
    2022
    $4,694
    $150,000
    $131,900
    $281,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,697 SF

      241 Us Rte 1st 1

      OFFICE BUILDING • 7,697 SF
      241 Us Rte 1st 1, Damariscotta, ME 04543-4715
      View Details
    • Value Estimation
      $295,000
      4,992 SF

      127 Elm St

      OFFICE BUILDING • 4,992 SF
      127 Elm St, Damariscotta, ME 04543
      View Details
    • Value Estimation
      $730,000
      3,920 SF

      133 Main St

      OFFICE BUILDING • 3,920 SF
      133 Main St, Damariscotta, ME 04543-4649
      View Details
    • Value Estimation
      $725,000
      2,864 SF

      20 Vine St

      OFFICE BUILDING • 2,864 SF
      20 Vine St, Damariscotta, ME 04543-4703
      View Details
    • Value Estimation
      $270,000
      1,984 SF

      242 Main St

      OFFICE BUILDING • 1,984 SF
      242 Main St, Damariscotta, ME 04543
      View Details
    • Value Estimation
      $295,000
      3,134 SF

      15 Belvedere Rd

      OFFICE BUILDING • 3,134 SF
      15 Belvedere Rd, Damariscotta, ME 04543-4644
      View Details

    Similar Nearby for Sale

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      Attractive 0.98-acre residential land near Damariscotta Village.
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      Harbor views, restaurant, 2 rentals
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      Residential Land in Established Neighborhood

      Prime lot in Damariscotta, close to amenities and Route 1.
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    • $165,000
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      50-Acre Land Parcel in Maine

      Large raw land for agriculture, recreation, hunting, or solar farm.
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    202 Main St
    Damariscotta, ME 04543
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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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