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    Property profile & analytics

    646 Frst Ave Portland, ME 04101-1502

    • Retail space
    • 8,550 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US42-0510123
    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

    • POT + PAN KITCHEN / Kitchen Supply Store

    Property Details for 646 Frst Ave

    Year built
    1950
    Lot size
    0.07 lot acres
    Property size
    8,550 SF
    Property type
    Retail space
    APN
    PTLD M:125 B:M003001
    APU
    PTLDM125BM003001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2841
    Latitude
    43.6703
    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
    $8,339
    $150,000
    $428,700
    $578,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22,800 SF

      45 Dartmouth St

      RETAIL STORES (PERSONAL SERVICES) • 22,800 SF
      45 Dartmouth St, Portland, ME 04101-1757
      View Details
    • Value Estimation by Request
      16,778 SF

      309 Frst Ave

      RETAIL STORES (PERSONAL SERVICES) • 16,778 SF
      309 Frst Ave, Portland, ME 04101
      View Details
    • Value Estimation by Request
      93,042 SF

      295 Frst Ave

      RETAIL STORES (PERSONAL SERVICES) • 93,042 SF
      295 Frst Ave, Portland, ME 04101-2018
      View Details
    • Value Estimation by Request
      909 SF

      184 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 909 SF
      184 Commercial St, Portland, ME 04101-4615
      View Details
    • Value Estimation by Request
      20,000 SF

      94 Commercial St

      RETAIL STORES (PERSONAL SERVICES) • 20,000 SF
      94 Commercial St, Portland, ME 04101-4738
      View Details
    • Value Estimation by Request
      93,358 SF

      510 Congress St

      RETAIL STORES (PERSONAL SERVICES) • 93,358 SF
      510 Congress St, Portland, ME 04101-3416
      View Details

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    Similar Nearby for Lease

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      48,912 SF

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      Prime Portland retail, 48,912 sq ft, multiple tenants.
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    • $30 SF/Yr
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    • $30 SF/Yr
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      Prime West Bayside Retail Space

      New construction, luxury location, patio space.
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    • $30 SF/Yr
      10,502 SF

      Class A Office/Retail Space

      10,502± SF Class A space centrally located in Portland, ME.
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    • $40 SF/Yr
      800 SF

      Retail Space on Portland Waterfront

      Retail or service space with excellent waterfront visibility.
      1 Commercial St, Portland, ME 04101
      View Details

    Property Visit Statistics

    • Visits by month
      6.9k
    • Visitors by month
      5.3k
    • Avg Time on site
      27 min
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    646 Frst Ave
    Portland, ME 04101-1502
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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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