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    Property profile & analytics

    223 Ctr St Auburn, ME 04210-6138

    • Turn key restaurants
    • 2,427 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US42-0017953
    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

    • Five Guys / Fast Food Restaurant / American Restaurant

    Property Details for 223 Ctr St

    Year built
    1973
    Construction
    FRAME
    Lot size
    0.51 lot acres
    Property size
    2,427 SF
    Property type
    Turn key restaurants
    APN
    AUBN M:261 L:019
    APU
    AUBNM261L019

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $365,000
      6.5%
      $365,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $385,000
      Mixed-Use
      $355,000
      Hospitality
      $355,000
      Educational
      $350,000
      Residential Income
      $325,000
      Energy
      $350,000
      Income-Based Land
      $330,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2247
    Latitude
    44.1104
    CBSA code
    30340
    CBSA name
    LEWISTON-AUBURN, 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
    $10,067
    $231,000
    $211,500
    $442,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,554 SF

      599 Ctr St

      RESTAURANT • 5,554 SF
      599 Ctr St, Auburn, ME 04210-6323
      View Details
    • Value Estimation by Request
      3,173 SF

      333 Ctr St

      RESTAURANT • 3,173 SF
      333 Ctr St, Auburn, ME 04210-6114
      View Details
    • Value Estimation
      $285,000
      844 SF

      894 Minot Ave

      RESTAURANT • 844 SF
      894 Minot Ave, Auburn, ME 04210-3747
      View Details
    • Value Estimation
      $320,000
      3,707 SF

      213 Ctr St

      RESTAURANT • 3,707 SF
      213 Ctr St, Auburn, ME 04210-6132
      View Details
    • Value Estimation
      $375,000
      15,814 SF

      34 Ct St

      RESTAURANT • 15,814 SF
      34 Ct St, Auburn, ME 04210-5912
      View Details
    • Value Estimation
      $285,000
      3,130 SF

      2 Great Fls Plz

      RESTAURANT • 3,130 SF
      2 Great Fls Plz, Auburn, ME 04210-5966
      View Details

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    Similar Nearby for Lease

    • $18 SF/Yr
      1,340 SF

      New Mixed-Use Retail Spaces

      New retail and restaurant spaces in mixed-use building.
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      View Details
    • Contact for pricing
      5,000 SF

      Prime Auburn Retail Space

      5,000 SF Retail/Restaurant Opportunity
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      View Details
    • $20 SF/Yr
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      Auburn Marketplace Executive Suites

      Modern Auburn Office Space For Lease
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    • Contact for pricing
      15,000 SF

      Auburn Mall Prime Outparcels

      Four Outparcels, 3,000-15,000 SF
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      View Details
    • $14 SF/Yr
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      Retail Space in Florist Mall

      Multiple retail suites available for lease in Auburn, Maine.
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      344,369 SF

      Auburn Mall Retail/Office Space

      Prime Auburn location, 59,941 SF available
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      View Details

    Property Visit Statistics

    • Visits by month
      10.0k
    • Visitors by month
      7.9k
    • Avg Time on site
      21 min
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    223 Ctr St
    Auburn, ME 04210-6138
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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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