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    Property profile & analytics

    721 Minot Ave Auburn, ME 04210-3924

    • Turn key restaurants
    • 4,316 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US42-0392970
    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

    • Hunan House / Chinese Restaurant / Asian Restaurant

    Property Details for 721 Minot Ave

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.84 lot acres
    Property size
    4,316 SF
    Property type
    Turn key restaurants
    APN
    AUBN M:208 L:029
    APU
    AUBNM208L029

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Auburn
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2568
    Latitude
    44.0824
    CBSA code
    30340
    CBSA name
    LEWISTON-AUBURN, 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
    $10,030
    $122,300
    $318,600
    $440,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,554 SF

      599 Ctr St

      RESTAURANT • 5,554 SF
      599 Ctr St, Auburn, ME 04210-6323
      View Details
    • Value Estimation by Request
      3,173 SF

      333 Ctr St

      RESTAURANT • 3,173 SF
      333 Ctr St, Auburn, ME 04210-6114
      View Details
    • Value Estimation
      $285,000
      844 SF

      894 Minot Ave

      RESTAURANT • 844 SF
      894 Minot Ave, Auburn, ME 04210-3747
      View Details
    • Value Estimation by Request
      9,425 SF

      279 Ctr St

      RESTAURANT • 9,425 SF
      279 Ctr St, Auburn, ME 04210-6138
      View Details
    • Value Estimation
      $530,000
      2,859 SF

      848 Minot Ave

      RESTAURANT • 2,859 SF
      848 Minot Ave, Auburn, ME 04210-3717
      View Details
    • Value Estimation
      $2,270,000
      2,024 SF

      800 Minot Ave

      RESTAURANT • 2,024 SF
      800 Minot Ave, Auburn, ME 04210-3996
      View Details

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    Similar Nearby for Lease

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      New Mixed-Use Retail Spaces

      New retail and restaurant spaces in mixed-use building.
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      View Details
    • Contact for pricing
      5,000 SF

      Prime Auburn Retail Space

      5,000 SF Retail/Restaurant Opportunity
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      View Details
    • $20 SF/Yr
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      Auburn Marketplace Executive Suites

      Modern Auburn Office Space For Lease
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    • Contact for pricing
      15,000 SF

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      Four Outparcels, 3,000-15,000 SF
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    • $14 SF/Yr
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      Retail Space in Florist Mall

      Multiple retail suites available for lease in Auburn, Maine.
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    • $8 SF/Yr
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      Auburn Mall Retail/Office Space

      Prime Auburn location, 59,941 SF available
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      View Details

    Property Visit Statistics

    • Visits by month
      9.0k
    • Visitors by month
      5.2k
    • Avg Time on site
      8 min
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    721 Minot Ave
    Auburn, ME 04210-3924
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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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