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    Property profile & analytics

    597 Main St South Portland, ME 04106-5412

    • Investment properties
    • 3,630 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Sep 29, 2022
    Location Intelligence
    Property ID
    US42-0416365
    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

    • Investment properties

    Property Details for 597 Main St

    Year built
    1920
    Lot size
    0.16 lot acres
    Property size
    3,630 SF
    Zone code
    TH
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SPOR M:053 L:272
    APU
    SPORM053L272

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3023
    Latitude
    43.6227
    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
    $7,291
    $179,700
    $335,900
    $515,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $545,000
      1,040 SF

      183 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,040 SF
      183 Main St, South Portland, ME 04106-2625
      View Details
    • Value Estimation
      $350,000
      2,120 SF

      609 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,120 SF
      609 Main St, South Portland, ME 04106-5453
      View Details
    • Value Estimation
      $655,000
      2,339 SF

      440 Ocean St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,339 SF
      440 Ocean St, South Portland, ME 04106-6612
      View Details
    • Value Estimation
      $325,000
      2,577 SF

      48 Ocean St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,577 SF
      48 Ocean St, South Portland, ME 04106-2877
      View Details
    • Value Estimation
      $300,000
      862 SF

      251 Ocean St

      OFFICE/RESIDENTIAL (MIXED USE) • 862 SF
      251 Ocean St, South Portland, ME 04106-6601
      View Details
    • Value Estimation by Request
      3,772 SF

      265 Westbrook St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,772 SF
      265 Westbrook St, South Portland, ME 04106-3327
      View Details

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    Similar Nearby for Lease

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      36,972 SF

      75 John Roberts Road Office Space

      Class A Office, 8,114 SF Available
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      View Details
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      Retail/office space in high-traffic South Portland location.
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      4,646 SF

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      Class A office/medical building with suites available for lease.
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    • $18 SF/Yr
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      Renovated Office Space in Portland

      10,308±SF office suite in iconic mixed-use building for lease.
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      Retail Space on Broadway

      Retail space for lease with ample parking and high traffic.
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      View Details
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    597 Main St
    South Portland, ME 04106-5412
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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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