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    Property profile & analytics

    56 Depot Rd Falmouth, ME 04105-1256

    • Office buildings
    • 2,812 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US42-0322716
    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 56 Depot Rd

    Year built
    1952
    Construction
    FRAME
    Lot size
    0.73 lot acres
    Property size
    2,812 SF
    Zone code
    SB1
    Property type
    Office buildings
    APN
    FMTH M:U24 B:007 L:001
    APU
    FMTHMU24B007L001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $470,000
      6.5%
      $495,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $510,000
      Retail
      $455,000
      Mixed-Use
      $465,000
      Hospitality
      $445,000
      Educational
      $455,000
      Residential Income
      $435,000
      Energy
      $420,000
      Income-Based Land
      $510,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2349
    Latitude
    43.7224
    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
    $10,343
    $379,800
    $438,500
    $818,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      37,148 SF

      202 Us Rte 1st 1

      OFFICE BUILDING • 37,148 SF
      202 Us Rte 1st 1, Falmouth, ME 04105-1327
      View Details
    • Value Estimation
      $2,475,000
      19,031 SF

      170 Us Rte 1st 1

      OFFICE BUILDING • 19,031 SF
      170 Us Rte 1st 1, Falmouth, ME 04105-2154
      View Details
    • Value Estimation
      $360,000
      2,060 SF

      46 Depot Rd

      OFFICE BUILDING • 2,060 SF
      46 Depot Rd, Falmouth, ME 04105-1211
      View Details
    • Value Estimation
      $330,000
      1,344 SF

      301 Foreside Rd

      OFFICE BUILDING • 1,344 SF
      301 Foreside Rd, Falmouth, ME 04105-1425
      View Details
    • Value Estimation
      $335,000
      2,958 SF

      100 Gray Rd

      OFFICE BUILDING • 2,958 SF
      100 Gray Rd, Falmouth, ME 04105-2018
      View Details
    • Value Estimation by Request
      10,000 SF

      360 Us Rte 1st 1

      OFFICE BUILDING • 10,000 SF
      360 Us Rte 1st 1, Falmouth, ME 04105-1308
      View Details

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    • $1,495,000
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      Historic Falmouth Mixed-Use Property

      Prime Falmouth location, mixed-use investment.
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    Similar Nearby for Lease

    • $2,500 /Mo
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      Falmouth Office and Flex Space

      Affordable 2,611± SF office and flex space for rent.
      16 Northbrook Dr, Falmouth, ME 04105
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    • Contact for pricing
      143,000 SF

      Falmouth Office Building, Maine

      Class A Office Space, 20,000+ SF Available
      70 Gray Rd, Falmouth, ME 04105
      View Details
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    56 Depot Rd
    Falmouth, ME 04105-1256
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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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