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

    705 Main St Damariscotta, ME 04543-4742

    • Investment properties
    • 10,752 SF
    • 14.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0098253
    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

    • Lilybrook Apartments / Apartment Building

    Property Details for 705 Main St

    Year built
    2008
    Construction
    CONCRETE
    Lot size
    14.00 lot acres
    Property size
    10,752 SF
    Zone code
    RA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    DAMA M:003 L:041
    APU
    DAMAM003L041

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Damariscotta
    County
    Lincoln
    State
    Maine
    Longitude
    -69.4989
    Latitude
    44.0501

    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
    2022
    $17,924
    $135,100
    $941,400
    $1,076,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      33.00 Acres

      431 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 33.00 Acres
      431 Main St, Damariscotta, ME 04543
      View Details
    • Value Estimation
      $295,000
      1,755 SF

      639 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,755 SF
      639 Main St, Damariscotta, ME 04543-4663
      View Details
    • Value Estimation by Request

      Pond Cir

      OFFICE/RESIDENTIAL (MIXED USE)
      Pond Cir, Damariscotta, ME 04543
      View Details
    • Value Estimation
      $285,000
      2,309 SF

      21 Ctr St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,309 SF
      21 Ctr St, Damariscotta, ME 04543-4508
      View Details
    • Value Estimation
      $325,000
      6,424 SF

      212 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,424 SF
      212 Main St, Damariscotta, ME 04543
      View Details
    • Value Estimation
      $265,000
      1.38 Acres

      Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.38 Acres
      Main St, Damariscotta, ME 04543
      View Details

    Similar Nearby for Sale

    • $999,000
      2,930 SF

      Downtown Damariscotta Mixed-Use Gem

      Harbor views, restaurant, 2 rentals
      85 Parking Lot Ln, Damariscotta, ME 04543
      View Details
    • $450,000
      2,642 SF

      Damariscotta Commercial Property

      Spacious Cape, 2642 sq ft, 1.11 acres
      26 School St, Damariscotta, ME 04543
      View Details
    • $99,000
      0.98 Acres

      Residential Land in Damariscotta, ME

      Attractive 0.98-acre residential land near Damariscotta Village.
      6 Stonewyck Ln, Damariscotta, ME 04543
      View Details
    • $59,900
      2.85 Acres

      Land with Pond Access

      2.85 acre lot with right-of-way access to Paradise Pond.
      Shamrock Ln, Damariscotta, ME 04543
      View Details
    • $275,000
      17.00 Acres

      Land with Paradise Pond Frontage

      17.3-acre Damariscotta land with 100 feet on Paradise Pond.
      Heater Rd, Damariscotta, ME 04543
      View Details
    • $165,000
      50.00 Acres

      50-Acre Land Parcel in Maine

      Large raw land for agriculture, recreation, hunting, or solar farm.
      826 Atlantic Hwy, Damariscotta, ME 04543
      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.
    705 Main St
    Damariscotta, ME 04543-4742
    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.