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    Property profile & analytics

    560 Shr Rd Cape Elizabeth, ME 04107-1011

    • Auto shops
    • 2,018 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $545,000
    Last Sale
    Jan 18, 2024
    Location Intelligence
    Property ID
    US42-0645504
    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

    • Auto shops

    Property Details for 560 Shr Rd

    Year built
    1950
    Construction
    CONCRETE
    Lot size
    0.43 lot acres
    Property size
    2,018 SF
    Zone code
    BA
    Property type
    Auto shops
    APN
    CAPE U01004000000
    APU
    CAPEU01004000000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cape Elizabeth
    County
    Cumberland
    State
    Maine
    Longitude
    -70.226
    Latitude
    43.6334
    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
    $15,551
    $542,200
    $153,900
    $696,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $415,000
      1,712 SF

      114 Spurwink Ave

      AUTO REPAIR, GARAGE • 1,712 SF
      114 Spurwink Ave, Cape Elizabeth, ME 04107
      View Details
    • Value Estimation
      $365,000
      5,000 SF

      94 Ocean House Rd

      AUTO REPAIR, GARAGE • 5,000 SF
      94 Ocean House Rd, Cape Elizabeth, ME 04107-1142
      View Details
    • Value Estimation
      $3,335,000
      3,400 SF

      298 Ocean House Rd

      SERVICE STATION (FULL SERVICE) • 3,400 SF
      298 Ocean House Rd, Cape Elizabeth, ME 04107-2014
      View Details
    • Value Estimation
      $1,300,000
      3,753 SF

      527 Ocean House Rd

      RESTAURANT • 3,753 SF
      527 Ocean House Rd, Cape Elizabeth, ME 04107
      View Details
    • Value Estimation
      $430,000
      1,980 SF

      287 Ocean House Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,980 SF
      287 Ocean House Rd, Cape Elizabeth, ME 04107-2021
      View Details
    • Value Estimation
      $410,000
      2,100 SF

      554 Shr Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,100 SF
      554 Shr Rd, Cape Elizabeth, ME 04107-1011
      View Details
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    560 Shr Rd
    Cape Elizabeth, ME 04107-1011
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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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