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    Property profile & analytics

    5 Rdg Rd Richmond, ME 04357-3745

    • Retail properties
    • 3,436 SF
    • 0.97 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Location Intelligence
    Property ID
    US42-0233802
    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

    • Subway / Sandwich Shop / Caterer
    • Dunkin' / Fast Food Restaurant / Takeout Restaurant

    Property Details for 5 Rdg Rd

    Year built
    2010
    Construction
    FRAME
    Lot size
    0.97 lot acres
    Property size
    3,436 SF
    Zone code
    COMM
    Property type
    Retail properties
    APN
    RICD M:R03 L:005-00
    APU
    RICDMR03L00500

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Sagadahoc
    State
    Maine
    Longitude
    -69.866
    Latitude
    44.0989
    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
    $8,581
    $72,900
    $326,200
    $399,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $265,000
      0.70 Acres

      160 Brunswick Rd

      DEPARTMENT STORE • 0.70 Acres
      160 Brunswick Rd, Richmond, ME 04357-3706
      View Details
    • Value Estimation
      $200,000
      1,525 SF

      37 Main St

      DEPARTMENT STORE • 1,525 SF
      37 Main St, Richmond, ME 04357-1108
      View Details
    • Value Estimation
      $315,000
      2,152 SF

      66 Main St

      DEPARTMENT STORE • 2,152 SF
      66 Main St, Richmond, ME 04357-1109
      View Details
    • Value Estimation
      $1,625,000
      5,850 SF

      728 Main St

      DEPARTMENT STORE • 5,850 SF
      728 Main St, Richmond, ME 04357-3753
      View Details
    • Value Estimation by Request
      13.00 Acres

      Hatch St

      SHOW ROOM, WAREHOUSE • 13.00 Acres
      Hatch St, Richmond, ME 04357
      View Details
    • Value Estimation
      $325,000
      3,120 SF

      165 Brunswick Rd

      AUTO REPAIR, GARAGE • 3,120 SF
      165 Brunswick Rd, Richmond, ME 04357-3702
      View Details

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    Property Visit Statistics

    • Visits by month
      23.0k
    • Visitors by month
      10.1k
    • Avg Time on site
      9 min
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    5 Rdg Rd
    Richmond, ME 04357-3745
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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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