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    Property profile & analytics

    51 Elm St Saco, ME 04072-2707

    • Retail space
    • 2,079 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Apr 13, 2023
    Location Intelligence
    Property ID
    US42-0271443
    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

    • Pennell Printing / Commercial Printer / Professional Services
    • Legacy Sports Cards / Sports Card Store
    • Bellas & Fellas / Beauty Salon / Barber Shop

    Property Details for 51 Elm St

    Year built
    2006
    Construction
    FRAME
    Lot size
    0.23 lot acres
    Property size
    2,079 SF
    Zone code
    B-3
    Property type
    Retail space
    APN
    SACO M:038 L:091 U:000-000
    APU
    SACOM038L091U000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $410,000
      6.5%
      $480,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $385,000
      Geo Method
      $385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $345,000
      Mixed-Use
      $355,000
      Hospitality
      $410,000
      Educational
      $370,000
      Residential Income
      $380,000
      Energy
      $410,000
      Income-Based Land
      $400,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.4477
    Latitude
    43.4997
    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
    2022
    $5,631
    $165,900
    $141,300
    $307,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,055,000
      11,739 SF

      461 Main St

      RETAIL STORES (PERSONAL SERVICES) • 11,739 SF
      461 Main St, Saco, ME 04072-1528
      View Details
    • Value Estimation by Request
      6,105 SF

      670 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,105 SF
      670 Main St, Saco, ME 04072-1545
      View Details
    • Value Estimation by Request
      12,940 SF

      3 Ocean Park Rd

      RETAIL STORES (PERSONAL SERVICES) • 12,940 SF
      3 Ocean Park Rd, Saco, ME 04072-1609
      View Details
    • Value Estimation
      $375,000
      1,536 SF

      5 Hodgeman Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,536 SF
      5 Hodgeman Ave, Saco, ME 04072-1614
      View Details
    • Value Estimation by Request
      3,560 SF

      640 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,560 SF
      640 Main St, Saco, ME 04072-1535
      View Details
    • Value Estimation
      $2,145,000
      9,990 SF

      729 Portland Rd

      RETAIL STORES (PERSONAL SERVICES) • 9,990 SF
      729 Portland Rd, Saco, ME 04072-9005
      View Details

    Similar Nearby for Sale

    • $550,000

      Retail Property Near Maine Turnpike

      Retail property located near Maine Turnpike Exit 36.
      19 Industrial Park Rd, Saco, ME 04072
      View Details
    • $2,350,000

      Prime Retail Investment Opportunity

      High-visibility retail property with long-term tenants and income potential.
      937 Portland Rd, Saco, ME 04072
      View Details
    • $2,300,000
      10,550 SF

      Main Street Saco Investment

      10,550 SF building, 2.28 acres
      644 Sf Building & Land, Saco, ME 04072
      View Details
    • Contact for pricing
      32,328 SF

      Saco Retail Property on Route 1

      Retail property with high visibility and traffic count on Route 1.
      812 Portland Rd, Saco, ME 04072
      View Details
    • $1,600,000

      New Saco Retail Opportunity

      New retail property with drive-through and ample parking.
      3 Waterfall Dr, Saco, ME 04072
      View Details
    • $2,900,000
      14,000 SF

      Saco, ME Restaurant Redevelopment

      Prime 14,000 SF restaurant, redevelopment opportunity.
      345 North St, Saco, ME 04072
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      1,508 SF

      Retail/Athletic Space in Saco

      1,508± SF retail/athletic space in a sports medicine complex.
      15 Lund Rd, Saco, ME 04072
      View Details
    • Contact for pricing
      1 SF

      Prime Saco Retail Land Opportunity

      High-traffic Main Street location, build-to-suit available.
      650 Main St, Saco, ME 04072
      View Details
    • $35 SF/Yr
      1,400 SF

      Saco, ME Creative Office Space

      1,400 SF Retail/Office, Prime Location
      70 Elm St, Saco, ME 04072
      View Details
    • Contact for pricing
      1,400 SF

      Main Street Retail Space For Lease

      Prime Saco location, 1400 sq ft retail space.
      507 Main St, Saco, ME 04072
      View Details
    • $6,900,000
      42,704 SF

      Freezer & Refrigerated Distribution Facility

      42,704± SF freezer/refrigerated distribution facility on 4.23± acres.
      12 Lund Rd, Saco, ME 04072
      View Details
    • Contact for pricing
      18,200 SF

      New Build-to-Suit Saco Warehouse

      Customizable warehouse space in Saco's prime industrial zone.
      4 Lehner Rd, Saco, ME 04072
      View Details
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    Saco, ME 04072-2707
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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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