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    Property profile & analytics

    5 Ward St Scarborough, ME 04074-9520

    • Office buildings
    • 2,654 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    May 09, 2025
    Location Intelligence
    Property ID
    US42-0882438
    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

    • Gregory Clinard - Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Hughes Wealth Advisors - Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • John Hughes - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Lisa Brislin - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
    • Jennifer Goff - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service

    Property Details for 5 Ward St

    Year built
    1930
    Lot size
    0.59 lot acres
    Property size
    2,654 SF
    Zone code
    26
    Property type
    Office buildings
    APN
    SCAR M:U043 L:040
    APU
    SCARMU043L040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $415,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $465,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $400,000
      Mixed-Use
      $395,000
      Hospitality
      $390,000
      Educational
      $495,000
      Residential Income
      $520,000
      Energy
      $530,000
      Income-Based Land
      $415,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3389
    Latitude
    43.5886
    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
    $6,201
    $178,900
    $209,400
    $388,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
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      381 Payne Rd

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    • Value Estimation by Request
      38,992 SF

      482 Payne Rd

      OFFICE BUILDING • 38,992 SF
      482 Payne Rd, Scarborough, ME 04074-8929
      View Details
    • Value Estimation
      $750,000
      5,544 SF

      260 Us Rte 1st 1

      OFFICE BUILDING • 5,544 SF
      260 Us Rte 1st 1, Scarborough, ME 04074-8905
      View Details
    • Value Estimation
      $400,000
      4,939 SF

      163 Us Rte 1st 1

      OFFICE BUILDING • 4,939 SF
      163 Us Rte 1st 1, Scarborough, ME 04074-9060
      View Details
    • Value Estimation
      $305,000
      968 SF

      248 Us Rte 1st 1

      OFFICE BUILDING • 968 SF
      248 Us Rte 1st 1, Scarborough, ME 04074-8903
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Prime Maine commercial development land, excellent location.
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    • $4,500,000
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      Scarborough Warehouse Investment Opportunity

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    Similar Nearby for Lease

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      19,405 SF

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    • Contact for pricing
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      Scarborough, ME: Prime Medical Office Opportunity
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      View Details
    • $16 SF/Yr
      3,000 SF

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      High-quality office/medical space with ample parking near major routes.
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      View Details
    • $14 SF/Yr
      61,000 SF

      Prime Scarborough Medical Office Space

      Class A medical office suites, 976-5,566 sq ft available
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    • $1.00 SF/Yr
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      Prime Scarborough Office & Retail Complex

      Multi-building office/retail opportunity in Scarborough, ME.
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      View Details
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    5 Ward St
    Scarborough, ME 04074-9520
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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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