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    Property profile & analytics

    240 Us Rte 1st, Unit A Falmouth, ME 04105-1367

    • Super regional malls
    • 15,295 SF
    • 1.90 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0169935
    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

    • Super regional malls

    Property Details for 240 Us Rte 1st

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    1.90 lot acres
    Property size
    15,295 SF
    Zone code
    SB1
    Property type
    Super regional malls
    APN
    FMTH M:U24 B:005 L:001
    APU
    FMTHMU24B005L001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2332
    Latitude
    43.7226
    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
    $43,148
    $1,754,400
    $1,659,200
    $3,413,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      14,880 SF

      204 Us Rte 1st 1

      REGIONAL SHOPPING CENTER, MALL • 14,880 SF
      204 Us Rte 1st 1, Falmouth, ME 04105-1342
      View Details
    • Value Estimation by Request
      15,438 SF

      65 Gray Rd, Unit A

      REGIONAL SHOPPING CENTER, MALL • 15,438 SF
      65 Gray Rd, Falmouth, ME 04105-2057
      View Details
    • Value Estimation by Request
      220,494 SF

      251 Us Rte 1st 1

      REGIONAL SHOPPING CENTER, MALL • 220,494 SF
      251 Us Rte 1st 1, Falmouth, ME 04105-1322
      View Details
    • Value Estimation by Request
      15,452 SF

      190 Us Rte 1st 1

      REGIONAL SHOPPING CENTER, MALL • 15,452 SF
      190 Us Rte 1st 1, Falmouth, ME 04105-1313
      View Details
    • Value Estimation by Request
      12,097 SF

      74 Gray Rd

      SHOW ROOM, WAREHOUSE • 12,097 SF
      74 Gray Rd, Falmouth, ME 04105-2062
      View Details
    • Value Estimation by Request
      7,176 SF

      172 Us Rte 1st 1

      DEPARTMENT STORE • 7,176 SF
      172 Us Rte 1st 1, Falmouth, ME 04105-2137
      View Details

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      143,000 SF

      Falmouth Office Building - 143,000 SF

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    Similar Nearby for Lease

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      Falmouth Office and Flex Space

      Affordable 2,611± SF office and flex space for rent.
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    • Contact for pricing
      143,000 SF

      Falmouth Office Building, Maine

      Class A Office Space, 20,000+ SF Available
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      View Details
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    Falmouth, ME 04105-1367
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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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