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    Property profile & analytics

    5 Water St Springvale, ME 04083-1329

    • Industrial properties
    • 2.87 lot acres
    OFF-MARKET
    Value Estimation
    $1,285,000
    Last Sale
    Apr 30, 2024
    $1,300,000
    Location Intelligence
    Property ID
    US42-0460912
    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

    • Isalis / Boutique / Women'S Clothing Store
    • Party City / Balloon Store / Candy Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 5 Water St

    Year built
    1920
    Lot size
    2.87 lot acres
    Zone code
    IR
    Property type
    Industrial properties
    APN
    SANF M:0K14 B:35
    APU
    SANFM0K14B35

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,285,000
      6.5%
      $1,450,000
      7%
      $1,210,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,090,000
      Geo Method
      $1,240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,380,000
      Retail
      $1,295,000
      Mixed-Use
      $1,265,000
      Hospitality
      $1,275,000
      Educational
      $1,170,000
      Residential Income
      $1,275,000
      Energy
      $1,275,000
      Income-Based Land
      $1,345,000
      Food Service
      $1,385,000

    Location Insight

    • Map
    • Local Demand
    City
    Springvale
    County
    York
    State
    Maine
    Longitude
    -70.796
    Latitude
    43.468
    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
    2024
    $21,805
    $128,900
    $1,222,100
    $1,351,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $505,000
      23,288 SF

      12 Water St

      MANUFACTURING (LIGHT) • 23,288 SF
      12 Water St, Springvale, ME 04083-1330
      View Details
    • Value Estimation
      $205,000
      0.34 Acres

      34 Railroad Ave

      BULK STORAGE, TANKS • 0.34 Acres
      34 Railroad Ave, Springvale, ME 04083
      View Details
    • Value Estimation
      $245,000
      8,408 SF

      42 Railroad Ave

      MANUFACTURING (LIGHT) • 8,408 SF
      42 Railroad Ave, Springvale, ME 04083-1241
      View Details
    • Value Estimation by Request
      0.09 Acres

      Butler St

      PARKING LOT • 0.09 Acres
      Butler St, Springvale, ME 04083
      View Details
    • Value Estimation
      $280,000
      1,326 SF

      510 Main St

      OFFICE BUILDING • 1,326 SF
      510 Main St, Springvale, ME 04083-1416
      View Details
    • Value Estimation
      $570,000
      23,734 SF

      481 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 23,734 SF
      481 Main St, Springvale, ME 04083-1400
      View Details

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      20-acre land with water frontage on Littlefield Pond in Sanford.
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    • New
      $389,000
      1,652 SF

      Turnkey Two-Unit Investment Opportunity

      Renovated two-unit property in Springvale with strong rental income.
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      Four-unit multifamily property with strong rental history and recent updates.
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    • $499,900
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      Mixed-use property with commercial space and apartments in downtown Sanford.
      446 Main St, Sanford, ME 04083
      View Details
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    5 Water St
    Springvale, ME 04083-1329
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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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