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    Property profile & analytics

    220 Elm St Newport, ME 04953-3316

    • Super regional malls
    • 3.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0023715
    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

    • Cox Law Offices / Attorney
    • Guys & Gals / Beauty Salon
    • Creative Touch / Nail Salon
    • JD's Crystals & Gifts / Metaphysical Supply Store
    • Ink Envy Tattoo Studio / Tattoo And Piercing Shop

    Property Details for 220 Elm St

    Lot size
    3.00 lot acres
    Property type
    Super regional malls
    APN
    NEPT M:032 L:048
    APU
    NEPTM032L048

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Penobscot
    State
    Maine
    Longitude
    -69.2616
    Latitude
    44.8277
    CBSA code
    12620
    CBSA name
    BANGOR, 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
    $11,469
    $99,100
    $604,500
    $703,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $800,000
      45,767 SF

      8 Main St

      REGIONAL SHOPPING CENTER, MALL • 45,767 SF
      8 Main St, Newport, ME 04953-4157
      View Details
    • Value Estimation by Request
      7.00 Acres

      26 Main St

      REGIONAL SHOPPING CENTER, MALL • 7.00 Acres
      26 Main St, Newport, ME 04953-4162
      View Details
    • Value Estimation by Request
      1.40 Acres

      63 Main St

      FINANCIAL BUILDING • 1.40 Acres
      63 Main St, Newport, ME 04953-3041
      View Details
    • Value Estimation by Request
      1.34 Acres

      19 Moosehead Trl

      RETAIL STORES (PERSONAL SERVICES) • 1.34 Acres
      19 Moosehead Trl, Newport, ME 04953-4164
      View Details
    • Value Estimation by Request
      2.48 Acres

      80 Moosehead Trl

      RETAIL STORES (PERSONAL SERVICES) • 2.48 Acres
      80 Moosehead Trl, Newport, ME 04953-4109
      View Details
    • Value Estimation by Request
      0.38 Acres

      137 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.38 Acres
      137 Main St, Newport, ME 04953-3101
      View Details

    Similar Nearby for Sale

    • $459,900
      1.10 Acres

      Newport Commercial Buildings on Route 11

      Three commercial buildings on an oversized lot with leases in place.
      262 Moosehead Trl, Newport, ME 04953
      View Details
    • $2,200,000
      10,500 SF

      Newport Multifamily Renovation Opportunity

      Eleven-unit apartment building with renovations underway in Newport, Maine.
      161 Main St, Newport, ME 04953
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    • $100,000
      2.00 Acres

      Prime Newport Commercial Land

      Two-acre lot, high visibility, $100,000
      0 Lot #5 Moosehead Trl, Newport, ME 04953
      View Details
    • $69,000
      2.00 Acres

      Prime Newport Commercial Land

      Two-acre lot, high visibility, affordable.
      #5 Moosehead Trl Trl, Newport, ME 04953
      View Details
    • Contact for pricing
      113,256.00 Acres

      2.6 Acre Lot Near Lake

      2.6 acre lot near Sebasticook Lake with lake access.
      009-007 Lilly Dr, Newport, ME 04953
      View Details
    • $72,900
      4.00 Acres

      Ready-to-Build 4-Acre Lot

      4-acre lot with well, electric, driveway, and septic design.
      315 Golf Course Rd, Newport, ME 04953
      View Details
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    220 Elm St
    Newport, ME 04953-3316
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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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