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    Property profile & analytics

    51 Broadway Bangor, ME 04401

    • Office buildings
    • 11,235 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $495,000
    Last Sale
    Sep 08, 2023
    $430,000
    Location Intelligence
    Property ID
    US42-0006376
    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 51 Broadway

    Year built
    1962
    Lot size
    0.19 lot acres
    Property size
    11,235 SF
    Zone code
    USD
    Property type
    Office buildings
    APN
    BANG M:049 L:022
    APU
    BANGM049L022

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bangor
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7671
    Latitude
    44.8039
    CBSA code
    12620
    CBSA name
    BANGOR, 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
    $8,355
    $60,100
    $376,200
    $436,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22,532 SF

      45 Oak St

      OFFICE BUILDING • 22,532 SF
      45 Oak St, Bangor, ME 04401-6659
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    • Value Estimation by Request
      24,526 SF

      12 Stillwater Ave

      OFFICE BUILDING • 24,526 SF
      12 Stillwater Ave, Bangor, ME 04401-3984
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    • Value Estimation by Request
      7,000 SF

      955 Broadway

      OFFICE BUILDING • 7,000 SF
      955 Broadway, Bangor, ME 04401-2918
      View Details
    • Value Estimation by Request
      117,500 SF

      80 Exchange St

      OFFICE BUILDING • 117,500 SF
      80 Exchange St, Bangor, ME 04401-6588
      View Details
    • Value Estimation
      $1,025,000
      11,076 SF

      68 Mt Hope Ave

      OFFICE BUILDING • 11,076 SF
      68 Mt Hope Ave, Bangor, ME 04401-4096
      View Details
    • Value Estimation by Request
      9,217 SF

      411-D State St

      OFFICE BUILDING • 9,217 SF
      411-D State St, Bangor, ME 04401
      View Details

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      Updated Commercial Building in Bangor

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    Similar Nearby for Lease

    • $2,100 /Mo
      1,650 SF

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      Freestanding office building with ample parking and natural light.
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    • Contact for pricing
      571 SF

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    • $13 SF/Yr
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      Class A office building with ample parking and natural light.
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      Prime Bangor Office Suite

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    • $144 SF/Yr
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      Prime Bangor Commercial Space

      Iconic building, 28,837 sq ft, fully vacant.
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    • $15 SF/Yr
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      Downtown Bangor Office Space

      88,478 SF Office Building, Suites Available
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      View Details
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    51 Broadway
    Bangor, ME 04401
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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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