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    Property profile & analytics

    537 Portland St Berwick, ME 03901

    • Showrooms
    • 5,500 SF
    • 12.24 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Last Sale
    Feb 13, 2023
    Location Intelligence
    Property ID
    US42-0359369
    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

    • Showrooms

    Property Details for 537 Portland St

    Year built
    2021
    Construction
    STEEL FRAME
    Lot size
    12.24 lot acres
    Property size
    5,500 SF
    Zone code
    RC/I
    Property type
    Showrooms
    APN
    BERW M:R072 B:7
    APU
    BERWMR072B7

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Berwick
    County
    York
    State
    Maine
    Longitude
    -70.7879
    Latitude
    43.2589
    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
    $10,199
    $295,700
    $261,000
    $556,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $210,000
      2,400 SF

      292 School St

      SHOW ROOM, WAREHOUSE • 2,400 SF
      292 School St, Berwick, ME 03901-2726
      View Details
    • Value Estimation
      $315,000
      1,152 SF

      371 School St

      SHOW ROOM, WAREHOUSE • 1,152 SF
      371 School St, Berwick, ME 03901-2826
      View Details
    • Value Estimation
      $195,000
      1,680 SF

      428 School St

      SHOW ROOM, WAREHOUSE • 1,680 SF
      428 School St, Berwick, ME 03901-2834
      View Details
    • Value Estimation
      $245,000
      9,464 SF

      4 Coffin Ln

      SHOW ROOM, WAREHOUSE • 9,464 SF
      4 Coffin Ln, Berwick, ME 03901-2853
      View Details
    • Value Estimation
      $445,000
      6,000 SF

      500 Portland St

      SHOW ROOM, WAREHOUSE • 6,000 SF
      500 Portland St, Berwick, ME 03901
      View Details
    • Value Estimation
      $325,000
      2,848 SF

      179 Cranberry Mdw Rd

      SHOW ROOM, WAREHOUSE • 2,848 SF
      179 Cranberry Mdw Rd, Berwick, ME 03901-2412
      View Details

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    Similar Nearby for Lease

    • $19 SF/Yr
      900 SF

      Retail/Office Space on Route 4

      900 SF retail/office space with high visibility and ample parking.
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    • Contact for pricing
      504,860 SF

      Berwick Commercial Space For Lease

      Commercial space for lease with garage bays and mezzanine.
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    • Contact for pricing
      504,860 SF

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      Commercial space for lease, conveniently located off Route 4.
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    • Contact for pricing
      504,860 SF

      Office Space For Lease

      Commercial space for lease in Berwick, Maine, with ample parking.
      381A Portland St, Berwick, ME 03901
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    • $7 SF/Yr
      13,100 SF

      Berwick Flex Space For Rent

      13,100± SF flex space available for rent.
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    537 Portland St
    Berwick, ME 03901
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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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