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    Property profile & analytics

    389 Portland St Fryeburg, ME 04037-1611

    • Commercial real estate
    • 5,000 SF
    • 2.60 lot acres
    OFF-MARKET
    Value Estimation
    $370,000
    Last Sale
    Oct 20, 2021
    Location Intelligence
    Property ID
    US42-0284835
    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

    • Lake Region Energy / Propane Supplier

    Property Details for 389 Portland St

    Year built
    1990
    Construction
    STEEL FRAME
    Lot size
    2.60 lot acres
    Property size
    5,000 SF
    Property type
    Commercial real estate
    APN
    FRYE M:006 L:023-A00
    APU
    FRYEM006L023A00

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fryeburg
    County
    Oxford
    State
    Maine
    Longitude
    -70.9593
    Latitude
    44.0097

    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
    $6,425
    $41,400
    $348,000
    $389,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,638 SF

      253 Bridgton Rd

      Commercial real estate • 6,638 SF
      253 Bridgton Rd, Fryeburg, ME 04037
      View Details
    • Value Estimation by Request
      1,303 SF

      206 Lyman Dr, Unit 11

      COMMERCIAL CONDOMINUIM • 1,303 SF
      206 Lyman Dr, Fryeburg, ME 04037
      View Details
    • Value Estimation by Request
      3.64 Acres

      Bridgton Rd

      SHOW ROOM, WAREHOUSE • 3.64 Acres
      Bridgton Rd, Fryeburg, ME 04037
      View Details
    • Value Estimation
      $500,000
      4,523 SF

      27 Elm St

      COMMERCIAL (GENERAL) • 4,523 SF
      27 Elm St, Fryeburg, ME 04037-1114
      View Details
    • Value Estimation
      $345,000
      3,120 SF

      5 Jockey Cap Ln

      COMMERCIAL (GENERAL) • 3,120 SF
      5 Jockey Cap Ln, Fryeburg, ME 04037-1428
      View Details
    • Value Estimation
      $335,000
      2,404 SF

      479 Main St

      SHOW ROOM, WAREHOUSE • 2,404 SF
      479 Main St, Fryeburg, ME 04037-1118
      View Details

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    389 Portland St
    Fryeburg, ME 04037-1611
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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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