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    Property profile & analytics

    203 Main St Ellsworth, ME 04605-1934

    • Office buildings
    • 1,532 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US42-0836253
    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 203 Main St

    Year built
    1900
    Lot size
    0.32 lot acres
    Property size
    1,532 SF
    Zone code
    DT
    Property type
    Office buildings
    APN
    ELLH M:136 B:248 L:000 U:000
    APU
    ELLHM136B248L000U000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $320,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $355,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $270,000
      Mixed-Use
      $320,000
      Hospitality
      $345,000
      Educational
      $285,000
      Residential Income
      $285,000
      Energy
      $300,000
      Income-Based Land
      $265,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Ellsworth
    County
    Hancock
    State
    Maine
    Longitude
    -68.4211
    Latitude
    44.5421

    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
    $5,070
    $103,005
    $190,050
    $293,055
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,336 SF

      180 Abram Way

      OFFICE BUILDING • 7,336 SF
      180 Abram Way, Ellsworth, ME 04605-1756
      View Details
    • Value Estimation
      $1,185,000
      8,976 SF

      11 Avery Ln

      OFFICE BUILDING • 8,976 SF
      11 Avery Ln, Ellsworth, ME 04605-2531
      View Details
    • Value Estimation
      $345,000
      832 SF

      3 Daisy Way

      OFFICE BUILDING • 832 SF
      3 Daisy Way, Ellsworth, ME 04605-3900
      View Details
    • Value Estimation
      $215,000
      1,792 SF

      1 High St

      OFFICE BUILDING • 1,792 SF
      1 High St, Ellsworth, ME 04605-1705
      View Details
    • Value Estimation
      $405,000
      5,760 SF

      409 High St

      OFFICE BUILDING • 5,760 SF
      409 High St, Ellsworth, ME 04605-2579
      View Details
    • Value Estimation
      $195,000
      1,510 SF

      381 State St

      OFFICE BUILDING • 1,510 SF
      381 State St, Ellsworth, ME 04605-3333
      View Details

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      Historic Ellsworth Commercial Gem

      11,000 sq ft, 4-level building, prime location
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    Similar Nearby for Lease

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      1,973 SF

      Mill Mall Office Space Available

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    • $12 SF/Yr
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      Class A office space in downtown Ellsworth for lease.
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    • Contact for pricing
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      Maine Coast Mall: Ellsworth Retail Space

      Prime Ellsworth retail & industrial space. Multiple suites available.
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      View Details
    • Contact for pricing

      Development Site on Route 1

      7-acre development site with high visibility in Ellsworth, Maine.
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      View Details
    • $36,650
      83,200 SF

      Trenton Commercial Land Opportunity

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      View Details
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    203 Main St
    Ellsworth, ME 04605-1934
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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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