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    Property profile & analytics

    40 Granite Hl Rd Manchester, ME 04351-3513

    • Specialty properties
    • 3.06 lot acres
    OFF-MARKET
    Value Estimation
    $1,240,000
    Last Sale
    Apr 07, 2023
    $1,385,000
    Location Intelligence
    Property ID
    US42-0179336
    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

    • MaineGeneral Medical Center - Center for Health and Rehabilitation / Sports Medicine Clinic / Speech Pathologist
    • MaineGeneral Sports Medicine / Sports Medicine Clinic / Surgeon
    • MaineGeneral Physical Therapy / Physical Therapy Clinic
    • MaineGeneral Occupational Therapy / Occupational Therapist / Physical Therapist

    Property Details for 40 Granite Hl Rd

    Lot size
    3.06 lot acres
    Zone code
    GENERA
    Property type
    Specialty properties
    APN
    MANR M:U19 L:006-00A
    APU
    MANRMU19L00600A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,520,000
      6.5%
      $1,335,000
      7%
      $1,345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,335,000
      Geo Method
      $1,235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,500,000
      Retail
      $1,390,000
      Mixed-Use
      $1,415,000
      Hospitality
      $1,250,000
      Educational
      $1,130,000
      Residential Income
      $1,305,000
      Energy
      $1,540,000
      Income-Based Land
      $1,290,000
      Food Service
      $1,465,000

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Kennebec
    State
    Maine
    Longitude
    -69.8546
    Latitude
    44.3243
    CBSA code
    12300
    CBSA name
    AUGUSTA-WATERVILLE, ME MICROPOLITAN 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
    $0.00
    $79,200
    $1,328,800
    $1,408,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $305,000
      1,050 SF

      144 Collins Rd

      CHARITABLE ORGANIZATION • 1,050 SF
      144 Collins Rd, Manchester, ME 04351-3927
      View Details
    • Value Estimation by Request
      0.17 Acres

      Beacon Rd

      VACANT COMMERCIAL LAND • 0.17 Acres
      Beacon Rd, Manchester, ME 04351
      View Details
    • Value Estimation by Request
      48.39 Acres

      17 Patch Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 48.39 Acres
      17 Patch Rd, Manchester, ME 04351-3702
      View Details
    • Value Estimation by Request

      37 Readfield Rd

      COMMERCIAL (GENERAL)
      37 Readfield Rd, Manchester, ME 04351-3246
      View Details
    • Value Estimation by Request
      7.67 Acres

      954 Western Ave

      COMMERCIAL (GENERAL) • 7.67 Acres
      954 Western Ave, Manchester, ME 04351-3406
      View Details
    • Value Estimation
      $310,000
      1,456 SF

      21 Cross St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,456 SF
      21 Cross St, Manchester, ME 04351-3421
      View Details

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      Prime Land in Manchester, Maine

      12-acre parcel in Manchester with public water and sewer connections.
      Ingraham St, Manchester, ME 04351
      View Details
    • $265,000
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      9.75 Acres in Manchester, ME

      9.75-acre parcel in Manchester with public water and sewer connections.
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      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      2,068 SF

      Class A Office Space

      Premier office space in a highly visible, accessible location.
      23 Bowdoin St, Manchester, ME 04351
      View Details
    • Contact for pricing

      Manchester, ME Land Parcel

      Land parcel available for lease in Manchester, Maine.
      1 Granite Hill Rd, Manchester, ME 04351
      View Details
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    40 Granite Hl Rd
    Manchester, ME 04351-3513
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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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