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    Property profile & analytics

    215 Us Rte 1st 1 Falmouth, ME 04105-2075

    • Retail properties
    • 15,040 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0266340
    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

    • Retail properties

    Property Details for 215 Us Rte 1st 1

    Year built
    1983
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.00 lot acres
    Property size
    15,040 SF
    Zone code
    SB
    Property type
    Retail properties
    APN
    FMTH M:U11 B:035 L:A
    APU
    FMTHMU11B035LA

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2321
    Latitude
    43.719
    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
    $39,971
    $1,643,300
    $1,519,000
    $3,162,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,176 SF

      172 Us Rte 1st 1

      DEPARTMENT STORE • 7,176 SF
      172 Us Rte 1st 1, Falmouth, ME 04105-2137
      View Details
    • Value Estimation by Request
      5,784 SF

      270 Us Rte 1st 1

      DEPARTMENT STORE • 5,784 SF
      270 Us Rte 1st 1, Falmouth, ME 04105-1326
      View Details
    • Value Estimation by Request

      204 Us-1

      Individual retail properties
      204 Us-1, Falmouth, ME 04105
      View Details
    • Value Estimation by Request
      5,689 SF

      178 Us Rte 1st 1

      DEPARTMENT STORE • 5,689 SF
      178 Us Rte 1st 1, Falmouth, ME 04105-1310
      View Details
    • Value Estimation by Request
      22,411 SF

      267 Us-1

      Individual retail properties • 22,411 SF
      267 Us-1, Falmouth, ME 04105
      View Details
    • Value Estimation by Request
      14,476 SF

      33 Depot Rd

      DEPARTMENT STORE • 14,476 SF
      33 Depot Rd, Falmouth, ME 04105-1715
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      View Details
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    215 Us Rte 1st 1
    Falmouth, ME 04105-2075
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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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