Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    701 Rte 1st 1 Newcastle, ME 04553-3923

    • Commercial real estate
    • 780 SF
    • 2.55 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Location Intelligence
    Property ID
    US42-0419759
    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

    • Commercial real estate

    Property Details for 701 Rte 1st 1

    Construction
    CONCRETE
    Lot size
    2.55 lot acres
    Property size
    780 SF
    Zone code
    15
    Property type
    Commercial real estate
    APN
    NEWC M:004 L:089
    APU
    NEWCM004L089

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Newcastle
    County
    Lincoln
    State
    Maine
    Longitude
    -69.5729
    Latitude
    44.0238

    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
    $5,946
    $104,700
    $266,900
    $371,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      742 SF

      3 Snead Spur

      SHOW ROOM, WAREHOUSE • 742 SF
      3 Snead Spur, Newcastle, ME 04553-3856
      View Details
    • Value Estimation
      $365,000
      3,015 SF

      71 Main St

      SHOW ROOM, WAREHOUSE • 3,015 SF
      71 Main St, Newcastle, ME 04553-3815
      View Details
    • Value Estimation by Request
      10.40 Acres

      1180 Rte 1st 1

      COMMERCIAL (GENERAL) • 10.40 Acres
      1180 Rte 1st 1, Newcastle, ME 04553
      View Details
    • Value Estimation
      $230,000
      2,631 SF

      3 Mls Rd

      SHOW ROOM, WAREHOUSE • 2,631 SF
      3 Mls Rd, Newcastle, ME 04553
      View Details
    • Value Estimation
      $315,000
      4,332 SF

      106 Mls Rd

      SHOW ROOM, WAREHOUSE • 4,332 SF
      106 Mls Rd, Newcastle, ME 04553-2800
      View Details
    • Value Estimation
      $345,000
      11,520 SF

      561 Rte 1st 1

      SHOW ROOM, WAREHOUSE • 11,520 SF
      561 Rte 1st 1, Newcastle, ME 04553-3800
      View Details

    Similar Nearby for Sale

    • $650,000
      50.00 Acres

      Newcastle, ME Land on Route One

      50 acre parcel with Route One frontage and water views.
      02-37 Us-1, Newcastle, ME 04553
      View Details
    • $398,000

      Newcastle Land for Sale

      Two lots totaling 112.88 acres in Newcastle, Maine.
      Hopkins Hill Rd, Newcastle, ME 04553
      View Details
    • $195,000
      12.75 Acres

      Prime Commercial Land on Route

      Commercial land with road frontage near Damariscotta/Newcastle ramp.
      One Lot# Rte U.S, Newcastle, ME 04553
      View Details
    • New
      $119,000
      0.60 Acres

      Newcastle Vacant Lot with Bay Views

      Ready-to-build lot with unobstructed views of Great Salt Bay.
      128 Mills Rd, Newcastle, ME 04553
      View Details
    • New
      $125,000
      2.73 Acres

      Newcastle, ME Open Pasture Land

      2.73 acres of pasture near Newcastle and Damariscotta.
      W Hamlet Rd, Newcastle, ME 04553
      View Details
    • New
      $119,000
      0.60 Acres

      Newcastle Land with Bay Views

      Vacant lot ready for building with Great Salt Bay views.
      128 Mills Rd, Newcastle, ME 04553
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    701 Rte 1st 1
    Newcastle, ME 04553-3923
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.