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    Property profile & analytics

    23 Goding Ave Lincoln, ME 04457-1321

    • Turn key restaurants
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US42-0408572
    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

    • McDonald's / Fast Food Restaurant / Breakfast Restaurant

    Property Details for 23 Goding Ave

    Lot size
    0.66 lot acres
    Zone code
    DOWNTO
    Property type
    Turn key restaurants
    APN
    LNCN M:136 L:156
    APU
    LNCNM136L156

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $410,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $345,000
      Mixed-Use
      $375,000
      Hospitality
      $405,000
      Educational
      $375,000
      Residential Income
      $420,000
      Energy
      $435,000
      Income-Based Land
      $390,000
      Food Service
      $330,000

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Penobscot
    State
    Maine
    Longitude
    -68.5165
    Latitude
    45.3619
    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
    $12,690
    $125,100
    $368,300
    $493,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      112 Main St

      RESTAURANT • 0.17 Acres
      112 Main St, Lincoln, ME 04457-1410
      View Details
    • Value Estimation
      $515,000
      1.90 Acres

      236 Broadway

      RESTAURANT • 1.90 Acres
      236 Broadway, Lincoln, ME 04457-4006
      View Details
    • Value Estimation
      $285,000
      0.42 Acres

      115 Broadway

      RESTAURANT • 0.42 Acres
      115 Broadway, Lincoln, ME 04457-1313
      View Details
    • Value Estimation
      $305,000
      0.28 Acres

      60 Main St

      RESTAURANT • 0.28 Acres
      60 Main St, Lincoln, ME 04457-1437
      View Details
    • Value Estimation
      $270,000
      0.12 Acres

      38 Main St

      RESTAURANT • 0.12 Acres
      38 Main St, Lincoln, ME 04457-1437
      View Details
    • Value Estimation
      $1,145,000
      3.49 Acres

      223 Broadway

      RESTAURANT • 3.49 Acres
      223 Broadway, Lincoln, ME 04457-4001
      View Details

    Similar Nearby for Sale

    • $175,000
      1,200 SF

      Lincoln Main Street Pizza Parlor

      Profitable Pizza Business, Turnkey Operation
      112 Main St, Lincoln, ME 04457
      View Details
    • $349,000
      6,040 SF

      Lincoln Retail Space - High Visibility

      Prime commercial space, high traffic, ample parking.
      157 Broadway, Lincoln, ME 04457
      View Details
    • $1,537,237
      12,967 SF

      Lincoln, ME Retail Investment

      Walgreens Net Lease, High Cap Rate
      2 Broadway, Lincoln, ME 04457
      View Details
    • $1,537,237
      12,967 SF

      Freestanding Retail Building Leased to Walgreens

      12,967± SF retail building in Lincoln, ME, leased to Walgreens.
      2 W Broadway, Lincoln, ME 04457
      View Details
    • New
      $99,000
      2.80 Acres

      Waterfront Land in Lincoln, Maine

      2.8-acre surveyed lot with 230' water frontage on Center Pond.
      Beaver Cv, Lincoln, ME 04457
      View Details
    • $90,000
      9.40 Acres

      Waterfront Land Near Downtown Lincoln

      9.4-acre waterfront property ideal for recreation near downtown Lincoln, Maine.
      Easy St, Lincoln, ME 04457
      View Details

    Property Visit Statistics

    • Visits by month
      45.5k
    • Visitors by month
      12.6k
    • Avg Time on site
      12 min
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    23 Goding Ave
    Lincoln, ME 04457-1321
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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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