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    Property profile & analytics

    229 Park St Rockland, ME 04841-2127

    • Retail properties
    • 3,981 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Jun 07, 2022
    $300,000
    Location Intelligence
    Property ID
    US42-0473069
    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

    • Sweet Peas Family Consignment / Consignment Shop

    Property Details for 229 Park St

    Year built
    1953
    Construction
    FRAME
    Lot size
    1.31 lot acres
    Property size
    3,981 SF
    Property type
    Retail properties
    APN
    ROCD M:054A L:11000
    APU
    ROCDM054AL11000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $430,000
      7%
      $415,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $385,000
      Retail
      $420,000
      Mixed-Use
      $490,000
      Hospitality
      $475,000
      Educational
      $450,000
      Residential Income
      $410,000
      Energy
      $505,000
      Income-Based Land
      $385,000
      Food Service
      $415,000

    Location Insight

    • Map
    • Local Demand
    City
    Rockland
    County
    Knox
    State
    Maine
    Longitude
    -69.1253
    Latitude
    44.1019
    CBSA code
    40500
    CBSA name
    ROCKLAND, ME MICROPOLITAN 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
    $8,655
    $103,300
    $253,300
    $356,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      3,430 SF

      579 Main St

      DEPARTMENT STORE • 3,430 SF
      579 Main St, Rockland, ME 04841-3366
      View Details
    • Value Estimation
      $375,000
      8,270 SF

      574 Main St

      DEPARTMENT STORE • 8,270 SF
      574 Main St, Rockland, ME 04841-3340
      View Details
    • Value Estimation
      $250,000
      3,056 SF

      488 Main St

      DEPARTMENT STORE • 3,056 SF
      488 Main St, Rockland, ME 04841-3343
      View Details
    • Value Estimation
      $280,000
      1,296 SF

      696 Main St

      DEPARTMENT STORE • 1,296 SF
      696 Main St, Rockland, ME 04841-3337
      View Details
    • Value Estimation
      $230,000
      5,565 SF

      51 Park St

      DEPARTMENT STORE • 5,565 SF
      51 Park St, Rockland, ME 04841-2846
      View Details
    • Value Estimation
      $345,000
      10,271 SF

      25 Rankin St

      DEPARTMENT STORE • 10,271 SF
      25 Rankin St, Rockland, ME 04841-3036
      View Details

    Similar Nearby for Sale

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    • New
      $5,300,000
      2.92 Acres

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      2.75 acres on Rockland Harbor with redevelopment potential.
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    Similar Nearby for Lease

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    • $1,825,000
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      Mixed-Use Property in Rockland, ME

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    • $11 SF/Yr
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      Industrial Property in Rockland, Maine

      Industrial property available for rent in Rockland, Maine.
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    • Contact for pricing
      19,000 SF

      Industrial Space in Rockland Park

      2,500 SF flex space with drive-in door.
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      View Details

    Property Visit Statistics

    • Visits by month
      6.6k
    • Visitors by month
      4.1k
    • Avg Time on site
      10 min
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    Rockland, ME 04841-2127
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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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