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    Property profile & analytics

    234 Elm St Biddeford, ME 04005-3013

    • Automotive properties
    • 1,920 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US42-0295557
    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

    • Hero Motors Sales and Service / Auto Repair Shop / Used Car Dealer

    Property Details for 234 Elm St

    Year built
    1938
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    1,920 SF
    Zone code
    R1B
    Property type
    Automotive properties
    APN
    BIDD M:38 L:91-1
    APU
    BIDDM38L911

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $460,000
      6.5%
      $420,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $420,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $490,000
      Mixed-Use
      $360,000
      Hospitality
      $395,000
      Educational
      $460,000
      Residential Income
      $395,000
      Energy
      $480,000
      Income-Based Land
      $465,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.4627
    Latitude
    43.492
    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
    $2,704
    $103,400
    $102,700
    $206,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $360,000
      3,903 SF

      545 Elm St

      VEHICLE SALES, RENTALS • 3,903 SF
      545 Elm St, Biddeford, ME 04005-4322
      View Details
    • Value Estimation
      $305,000
      9,160 SF

      445 Elm St

      VEHICLE SALES, RENTALS • 9,160 SF
      445 Elm St, Biddeford, ME 04005-4113
      View Details
    • Value Estimation
      $365,000
      4,800 SF

      493 Elm St

      VEHICLE SALES, RENTALS • 4,800 SF
      493 Elm St, Biddeford, ME 04005-4217
      View Details
    • Value Estimation
      $1,700,000
      17,426 SF

      642 Elm St

      VEHICLE SALES, RENTALS • 17,426 SF
      642 Elm St, Biddeford, ME 04005-4415
      View Details
    • Value Estimation by Request
      0.03 Acres

      183 Elm St

      PARKING LOT • 0.03 Acres
      183 Elm St, Biddeford, ME 04005
      View Details
    • Value Estimation
      $1,835,000
      7,144 SF

      566-568 Alfred St

      AUTO REPAIR, GARAGE • 7,144 SF
      566-568 Alfred St, Biddeford, ME 04005
      View Details

    Similar Nearby for Sale

    • $7,500,000
      44,455 SF

      Downtown Biddeford Portfolio For Sale

      Three buildings and a parking lot in downtown Biddeford.
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    • $1,400,000
      30,000 SF

      Biddeford Mill Redevelopment Opportunity

      Mixed-use redevelopment opportunity in Biddeford's historic Pepperell Mill Campus.
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    • $2,600,000
      12,978 SF

      Mixed-Use Investment Property

      Mixed-use property with retail and residential units for sale.
      12 Washington St, Biddeford, ME 04005
      View Details
    • New
      $1,200,000
      4,911 SF

      Income-Producing Property with Three Buildings

      Unique Biddeford property with rental cottage and office/warehouse.
      6 Proctor Rd, Biddeford, ME 04005
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    • $500,000
      0.64 Acres

      Prime Biddeford Retail Development Site

      High-traffic location, excellent signage, I-3 zoning.
      457 Alfred St, Biddeford, ME 04005
      View Details
    • $1,250,000
      9,000 SF

      Turnkey Restaurant Space in Biddeford

      Turnkey restaurant in Biddeford's vibrant downtown, ideal for investors.
      50 Main St, Biddeford, ME 04005
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Biddeford Retail Pad Site

      High-traffic, 1.43-acre retail lot.
      584 Alfred St, Biddeford, ME 04005
      View Details
    • $16 SF/Yr
      2,249 SF

      Riverfront Retail Space in Biddeford

      2,249± sf retail space along the Riverfront in Biddeford.
      28 Pearl St, Biddeford, ME 04005
      View Details
    • $20 SF/Yr
      12,000 SF

      Retail Space in Renovated Center

      Retail spaces available in a renovated multi-tenanted retail center.
      420 Alfred St, Biddeford, ME 04005
      View Details
    • $14 SF/Yr
      1,800 SF

      Retail Spaces for Lease

      Retail spaces available from 1,800 to 9,101± SF.
      380 Elm St, Biddeford, ME 04005
      View Details
    • $25 SF/Yr
      1,800 SF

      Retail Space in Biddeford Shoppes

      1,800± SF retail suite in a high-traffic location.
      580 Alfred St, Biddeford, ME 04005
      View Details
    • $15 SF/Yr
      2,100 SF

      Main Street Retail Space Available

      2,100 SF retail space in thriving downtown Biddeford.
      238 Main St, Biddeford, ME 04005
      View Details

    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      3.0k
    • Avg Time on site
      18 min
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    234 Elm St
    Biddeford, ME 04005-3013
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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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