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    Property profile & analytics

    5 Colonial Way Machias, ME 04654

    • Office buildings
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US42-0331824
    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

    • Office buildings

    Property Details for 5 Colonial Way

    Lot size
    0.77 lot acres
    Zone code
    NONE
    Property type
    Office buildings
    APN
    MCHA M:011 L:133
    APU
    MCHAM011L133

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $305,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $340,000
      Geo Method
      $380,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $395,000
      Mixed-Use
      $375,000
      Hospitality
      $350,000
      Educational
      $390,000
      Residential Income
      $310,000
      Energy
      $285,000
      Income-Based Land
      $315,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Machias
    County
    Washington
    State
    Maine
    Longitude
    -67.4588
    Latitude
    44.7152

    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
    $8,685
    $35,100
    $347,500
    $382,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.15 Acres

      1 Colonial Way

      OFFICE BUILDING • 0.15 Acres
      1 Colonial Way, Machias, ME 04654
      View Details
    • Value Estimation
      $205,000
      0.28 Acres

      86 Main St

      OFFICE BUILDING • 0.28 Acres
      86 Main St, Machias, ME 04654-1150
      View Details
    • Value Estimation
      $295,000
      1,288 SF

      265 Main St

      OFFICE BUILDING • 1,288 SF
      265 Main St, Machias, ME 04654-3606
      View Details
    • Value Estimation by Request
      0.29 Acres

      6 Main St

      OFFICE BUILDING • 0.29 Acres
      6 Main St, Machias, ME 04654-1118
      View Details
    • Value Estimation by Request
      5.58 Acres

      38 Prescott Dr

      OFFICE BUILDING • 5.58 Acres
      38 Prescott Dr, Machias, ME 04654-3425
      View Details
    • Value Estimation
      $345,000
      520 SF

      12 Ctr St

      OFFICE BUILDING • 520 SF
      12 Ctr St, Machias, ME 04654-1110
      View Details

    Similar Nearby for Sale

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      4,350 SF

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      6,500 SF

      Versatile Commercial Building in Machias

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    • $799,000
      4,350 SF

      Renovated Greek Revival Mixed-Use Property

      Elegant 1860 Greek Revival with professional office space.
      44 Broadway St, Machias, ME 04654
      View Details
    • $420,000
      9,000 SF

      Historic Machias Mixed-Use Landmark

      Three-story mixed-use building in the heart of Machias, Maine.
      6 Colonial Way, Machias, ME 04654
      View Details
    • $179,000
      4,062 SF

      Versatile Commercial Building in Machias

      Centrally located, spacious building suitable for various uses.
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    • $349,000
      8,297 SF

      Historic Machias Commercial Building

      8,297 sq ft, prime location, many uses
      10 Center St, Machias, ME 04654
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      2,050 SF

      Retail Space in Machias Center

      2,050 SF retail space available in Hannaford-anchored shopping center.
      149 Dublin St, Machias, ME 04654
      View Details
    • Contact for pricing
      3,995 SF

      Machias Retail Space For Rent

      3,995 SF retail space available in mixed-use center.
      76 Dublin St, Machias, ME 04654
      View Details

    Property Visit Statistics

    • Visits by month
      2.9k
    • Visitors by month
      2.2k
    • Avg Time on site
      15 min
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    5 Colonial Way
    Machias, ME 04654
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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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