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    Property profile & analytics

    245 Main St Yarmouth, ME 04096-6723

    • Office buildings
    • 2,608 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US42-0453427
    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

    • Praxis Motion Pictures / Video Production Service

    Property Details for 245 Main St

    Year built
    1956
    Construction
    FRAME
    Lot size
    0.18 lot acres
    Property size
    2,608 SF
    Zone code
    17
    Property type
    Office buildings
    APN
    YMTH M:038 L:003
    APU
    YMTHM038L003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $450,000
      6.5%
      $440,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $430,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $350,000
      Mixed-Use
      $395,000
      Hospitality
      $335,000
      Educational
      $330,000
      Residential Income
      $355,000
      Energy
      $330,000
      Income-Based Land
      $330,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Yarmouth
    County
    Cumberland
    State
    Maine
    Longitude
    -70.1883
    Latitude
    43.8016
    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
    $6,469
    $129,400
    $145,400
    $274,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      93,752 SF

      2 Delorme Dr

      OFFICE BUILDING • 93,752 SF
      2 Delorme Dr, Yarmouth, ME 04096-7002
      View Details
    • Value Estimation
      $460,000
      8,078 SF

      40 Frst Fls Dr

      OFFICE BUILDING • 8,078 SF
      40 Frst Fls Dr, Yarmouth, ME 04096-7005
      View Details
    • Value Estimation
      $335,000
      5,407 SF

      40 Lafayette St

      OFFICE BUILDING • 5,407 SF
      40 Lafayette St, Yarmouth, ME 04096-6794
      View Details
    • Value Estimation
      $305,000
      1,558 SF

      163 Main St

      OFFICE BUILDING • 1,558 SF
      163 Main St, Yarmouth, ME 04096-6720
      View Details
    • Value Estimation
      $360,000
      2,785 SF

      1 Main St

      OFFICE BUILDING • 2,785 SF
      1 Main St, Yarmouth, ME 04096-6716
      View Details
    • Value Estimation by Request
      8,490 SF

      65 Frst Fls Dr

      OFFICE BUILDING • 8,490 SF
      65 Frst Fls Dr, Yarmouth, ME 04096-6906
      View Details

    Similar Nearby for Sale

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      9,385 SF

      Renovated Mixed-Use Property For Sale

      Renovated mixed-use property with income potential in Yarmouth, ME.
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    • $1,598,000
      4,117 SF

      75 Willow St St, Yarmouth, ME 04096

      Commercial real estate • 4,117 SF
      75 Willow St St, Yarmouth, ME 04096
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    • $989,000
      1,749 SF

      Two-Unit Property in Yarmouth, ME

      Two-unit property with income potential near Royal River Park.
      309 Main St, Yarmouth, ME 04096
      View Details
    • $325,000
      0.23 Acres

      Cousins Island Land with Water Views

      Land on Cousins Island with water views and beach access.
      51 Oakland Ave, Yarmouth, ME 04096
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    Similar Nearby for Lease

    • $15 SF/Yr
      3,530 SF

      Yarmouth Office Space Available

      Well-designed office space for lease with natural light.
      70 Bayview St, Yarmouth, ME 04096
      View Details
    • $24 SF/Yr
      40,931 SF

      Lower Falls Landing: Creative Office Space

      Historic Charm, Modern Amenities, River Views
      106 Lafayette St, Yarmouth, ME 04096
      View Details
    • $1,650 /Mo
      1,160 SF

      Yarmouth Office Space For Rent

      Office space in a busy, convenient location on Main Street.
      326 Main St, Yarmouth, ME 04096
      View Details
    • $150 SF/Yr
      2,400 SF

      Yarmouth Office Space: Water Views!

      Prime Yarmouth office, 2400 sq ft.
      10 Forest Falls Dr, Yarmouth, ME 04096
      View Details
    • $32 SF/Yr
      300 SF

      Iconic Mill Creative Office Space

      Renovated office space in Yarmouth's historic Sparhawk Mill.
      81 Bridge St, Yarmouth, ME 04096
      View Details
    • $995,000
      2,400 SF

      Yarmouth Medical/Office Space Available

      Class A medical/office space for rent in Yarmouth, Maine.
      45 Forest Falls Dr, Yarmouth, ME 04096
      View Details

    Property Visit Statistics

    • Visits by month
      1.4k
    • Visitors by month
      1.2k
    • Avg Time on site
      21 min
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    245 Main St
    Yarmouth, ME 04096-6723
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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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