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    Property profile & analytics

    513 Hammond St Bangor, ME 04401-4510

    • Motels
    • 1,490 SF
    • 0.67 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US42-0006002
    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

    • Bangor Efficiency Apartments / Apartment Building
    • La Bree Apartments / Apartment Building

    Property Details for 513 Hammond St

    Year built
    1957
    Lot size
    0.67 lot acres
    Property size
    1,490 SF
    Zone code
    URD2
    Property type
    Motels
    APN
    BANG M:022 L:007
    APU
    BANGM022L007

    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
    -68.7887
    Latitude
    44.8006
    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
    $9,343
    $33,100
    $454,800
    $487,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      40,532 SF

      750 Hogan Rd

      MOTEL • 40,532 SF
      750 Hogan Rd, Bangor, ME 04401-3604
      View Details
    • Value Estimation
      $930,000
      36,180 SF

      482 Odlin Rd

      MOTEL • 36,180 SF
      482 Odlin Rd, Bangor, ME 04401-6708
      View Details
    • Value Estimation
      $385,000
      5,550 SF

      495 State St, Unit 5

      MOTEL • 5,550 SF
      495 State St, Bangor, ME 04401-6609
      View Details
    • Value Estimation
      $705,000
      20,746 SF

      1100 Hammond St

      MOTEL • 20,746 SF
      1100 Hammond St, Bangor, ME 04401-5704
      View Details
    • Value Estimation by Request
      54,694 SF

      701 Hogan Rd

      MOTEL • 54,694 SF
      701 Hogan Rd, Bangor, ME 04401-3625
      View Details
    • Value Estimation by Request
      64,704 SF

      300 Odlin Rd

      MOTEL • 64,704 SF
      300 Odlin Rd, Bangor, ME 04401-6704
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      712
    • Visitors by month
      992
    • Avg Time on site
      13 min
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    513 Hammond St
    Bangor, ME 04401-4510
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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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