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    Property profile & analytics

    2320 Congress St Portland, ME 04102-1908

    • Office buildings
    • 7,928 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $1,820,000
    Last Sale
    Oct 01, 2024
    $1,850,000
    Location Intelligence
    Property ID
    US42-0290532
    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

    • Maine's Reverse Mortgage Expert / Mortgage Lender / Mortgage Broker
    • Richard Airey at CrossCountry Mortgage | NMLS #373914 / Mortgage Lender / Mortgage Broker
    • Casey Hamlin at CrossCountry Mortgage | NMLS #374491 / Mortgage Lender
    • John Pearson at CrossCountry Mortgage / Mortgage Lender
    • Lili Richmond at CrossCountry Mortgage / Mortgage Lender

    Property Details for 2320 Congress St

    Year built
    1975
    Lot size
    1.15 lot acres
    Property size
    7,928 SF
    Property type
    Office buildings
    APN
    PTLD M:237 B:A009001
    APU
    PTLDM237BA009001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,925,000
      6.5%
      $1,720,000
      7%
      $1,685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,895,000
      Geo Method
      $1,685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,490,000
      Retail
      $1,725,000
      Mixed-Use
      $1,850,000
      Hospitality
      $1,525,000
      Educational
      $1,540,000
      Residential Income
      $1,500,000
      Energy
      $1,715,000
      Income-Based Land
      $1,875,000
      Food Service
      $1,545,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3351
    Latitude
    43.6505
    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
    $23,533
    $261,000
    $1,372,100
    $1,633,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,400 SF

      395 Yellowbird Rd

      OFFICE BUILDING • 10,400 SF
      395 Yellowbird Rd, Portland, ME 04102
      View Details
    • Value Estimation by Request
      5,910 SF

      15 Sewall St

      OFFICE BUILDING • 5,910 SF
      15 Sewall St, Portland, ME 04102-2641
      View Details
    • Value Estimation by Request
      30,900 SF

      1600 Congress St

      OFFICE BUILDING • 30,900 SF
      1600 Congress St, Portland, ME 04102-2143
      View Details
    • Value Estimation by Request
      6,416 SF

      1250 Congress St

      OFFICE BUILDING • 6,416 SF
      1250 Congress St, Portland, ME 04102-2161
      View Details
    • Value Estimation
      $670,000
      8,594 SF

      686 Brighton Ave

      OFFICE BUILDING • 8,594 SF
      686 Brighton Ave, Portland, ME 04102-1012
      View Details
    • Value Estimation
      $1,405,000
      13,112 SF

      650 Brighton Ave

      OFFICE BUILDING • 13,112 SF
      650 Brighton Ave, Portland, ME 04102-1035
      View Details

    Similar Nearby for Sale

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      Freestanding Office Building For Sale

      Highly visible office building with parking and garage.
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      View Details
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      Portland Office/Investment Opportunity

      Two-story building in Rosemont, suitable for workspace or investment.
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      Build your dream home near trails and downtown Portland.
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      Prime Portland Mixed-Use Property

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    • New
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      Charming four-unit property in prime Portland location with parking.
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    Similar Nearby for Lease

    • Contact for pricing
      15,200 SF

      Portland Office Space for Lease

      Prime Portland Office Suites Available Now
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    • $20 SF/Yr
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      New construction retail and office space on Portland's waterfront.
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      View Details
    • $10 SF/Yr
      242,965 SF

      Portland Executive Office Space

      Modern Portland office, ample parking, I-95 access
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    • $13 SF/Yr
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      Portland Office Space For Rent

      3,200+/- SF office space in convenient Jetport location.
      406 Yellowbird Rd, Portland, ME 04102
      View Details
    • $8 SF/Yr
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      Portland Office Space for Lease

      Flexible Offices, Coworking & More
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    • $17 SF/Yr
      106,846 SF

      Union Station Plaza: Retail Space

      Prime Retail/Office Space, I-295 Access
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      View Details
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    2320 Congress St
    Portland, ME 04102-1908
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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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