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    Property profile & analytics

    424-428 Elm St Biddeford, ME 04005

    • Investment properties
    • 2.20 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US42-0255165
    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

    • Investment properties

    Property Details for 424-428 Elm St

    Lot size
    2.20 lot acres
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    BIDD M:20 L:2
    APU
    BIDDM20L2

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $310,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $345,000
      Mixed-Use
      $380,000
      Hospitality
      $290,000
      Educational
      $370,000
      Residential Income
      $330,000
      Energy
      $300,000
      Income-Based Land
      $305,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.4743
    Latitude
    43.4812
    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
    $6,392
    $143,700
    $343,500
    $487,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.25 Acres

      1 Lester B Orcutt Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 0.25 Acres
      1 Lester B Orcutt Blvd, Biddeford, ME 04005
      View Details
    • Value Estimation by Request
      28,596 SF

      193 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 28,596 SF
      193 Main St, Biddeford, ME 04005-2590
      View Details
    • Value Estimation by Request
      2,130 SF

      18 Yates St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,130 SF
      18 Yates St, Biddeford, ME 04005
      View Details
    • Value Estimation
      $465,000
      4,806 SF

      269 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,806 SF
      269 Ww St, Biddeford, ME 04005-9762
      View Details
    • Value Estimation
      $210,000
      936 SF

      314 Alfred St

      OFFICE/RESIDENTIAL (MIXED USE) • 936 SF
      314 Alfred St, Biddeford, ME 04005-3102
      View Details
    • Value Estimation
      $280,000
      5,136 SF

      3 Beacon Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,136 SF
      3 Beacon Ave, Biddeford, ME 04005-2917
      View Details

    Similar Nearby for Sale

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    • New
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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Biddeford Retail Pad Site

      High-traffic, 1.43-acre retail lot.
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      2,249± sf retail space along the Riverfront in Biddeford.
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    • $20 SF/Yr
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      Retail Space in Renovated Center

      Retail spaces available in a renovated multi-tenanted retail center.
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    • $9 SF/Yr
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      Biddeford Office Space For Lease

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      View Details
    • $15 SF/Yr
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      Main Street Retail Space Available

      2,100 SF retail space in thriving downtown Biddeford.
      238 Main St, Biddeford, ME 04005
      View Details
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    424-428 Elm St
    Biddeford, ME 04005
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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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