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    Property profile & analytics

    538 Western Ave Augusta, ME 04330-7739

    • Showrooms
    • 3,925 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Last Sale
    Jun 08, 2020
    Location Intelligence
    Property ID
    US42-0051552
    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

    • Karen Banks / Speech Pathologist
    • Jennifer Philbrick / Speech Pathologist
    • Lori Moses / Speech Pathologist
    • Ashley Gooldrup / Speech Pathologist
    • Randall Roling / Speech Pathologist

    Property Details for 538 Western Ave

    Year built
    1966
    Construction
    FRAME
    Lot size
    0.56 lot acres
    Property size
    3,925 SF
    Property type
    Showrooms
    APN
    AUGU M:00085 B:00004 L:00000
    APU
    AUGUM00085B00004L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $425,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $360,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $360,000
      Retail
      $415,000
      Mixed-Use
      $400,000
      Hospitality
      $395,000
      Educational
      $485,000
      Residential Income
      $350,000
      Energy
      $440,000
      Income-Based Land
      $450,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Augusta
    County
    Kennebec
    State
    Maine
    Longitude
    -69.8295
    Latitude
    44.3206
    CBSA code
    12300
    CBSA name
    AUGUSTA-WATERVILLE, ME MICROPOLITAN 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
    $7,765
    $93,700
    $244,500
    $338,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      18,700 SF

      47 Western Ave

      SHOW ROOM, WAREHOUSE • 18,700 SF
      47 Western Ave, Augusta, ME 04330-6326
      View Details
    • Value Estimation by Request
      5,148 SF

      4 Whitten Rd

      SHOW ROOM, WAREHOUSE • 5,148 SF
      4 Whitten Rd, Augusta, ME 04330-6019
      View Details
    • Value Estimation
      $325,000
      6,000 SF

      68 Darin Dr

      SHOW ROOM, WAREHOUSE • 6,000 SF
      68 Darin Dr, Augusta, ME 04330-7817
      View Details
    • Value Estimation
      $245,000
      8,596 SF

      72 Darin Dr

      SHOW ROOM, WAREHOUSE • 8,596 SF
      72 Darin Dr, Augusta, ME 04330-7817
      View Details
    • Value Estimation
      $300,000
      3,230 SF

      61 Gage St

      SHOW ROOM, WAREHOUSE • 3,230 SF
      61 Gage St, Augusta, ME 04330-6416
      View Details
    • Value Estimation
      $270,000
      1,317 SF

      89 Hospital St

      SHOW ROOM, WAREHOUSE • 1,317 SF
      89 Hospital St, Augusta, ME 04330-6651
      View Details

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    Similar Nearby for Lease

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      Freestanding 14,065 SF retail building with drive-thru.
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      Retail/Restaurant Building Near I-95

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    538 Western Ave
    Augusta, ME 04330-7739
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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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