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    Property profile & analytics

    8 Mallett Dr Freeport, ME 04032-1313

    • Banks
    • 1,986 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US42-0207669
    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

    • Norway Savings Bank / Atm / Business Banking Service
    • ATM / Atm

    Property Details for 8 Mallett Dr

    Year built
    1987
    Construction
    FRAME
    Lot size
    0.60 lot acres
    Property size
    1,986 SF
    Zone code
    CM03
    Property type
    Banks
    APN
    FPRT M:12 B:31 L:A U:0
    APU
    FPRTM12B31LAU0

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Cumberland
    State
    Maine
    Longitude
    -70.1015
    Latitude
    43.8609
    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
    $12,093
    $414,400
    $465,100
    $879,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8,427 SF

      186 Lowr Main St

      FINANCIAL BUILDING • 8,427 SF
      186 Lowr Main St, Freeport, ME 04032-1001
      View Details
    • Value Estimation by Request
      2,866 SF

      189 Lowr Main St

      FINANCIAL BUILDING • 2,866 SF
      189 Lowr Main St, Freeport, ME 04032-1002
      View Details
    • Value Estimation by Request
      2,420 SF

      41 Mallett Dr

      FINANCIAL BUILDING • 2,420 SF
      41 Mallett Dr, Freeport, ME 04032-1312
      View Details
    • Value Estimation
      $820,000
      2,280 SF

      135 Main St

      FINANCIAL BUILDING • 2,280 SF
      135 Main St, Freeport, ME 04032-1310
      View Details
    • Value Estimation by Request
      45,829 SF

      9 Bow St

      Individual retail properties • 45,829 SF
      9 Bow St, Freeport, ME 04032
      View Details
    • Value Estimation by Request
      5,064 SF

      407 Us Rte 1st 1

      SHOW ROOM, WAREHOUSE • 5,064 SF
      407 Us Rte 1st 1, Freeport, ME 04032-7023
      View Details

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    Similar Nearby for Lease

    • $25 SF/Yr
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      Freeport Retail Space Available

      4,300 SF prime retail space in Freeport, ME
      9 Bow St, Freeport, ME 04032
      View Details
    • $20 SF/Yr
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      Prime Retail Space on Main

      Retail space in a sought-after shopping area.
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    • Contact for pricing
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      Prime Freeport location, multiple units.
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    • $12 SF/Yr
      13,259 SF

      Move-in Ready Freeport Office Space

      Office space with open layout, modern systems, and included utilities.
      2 Stonewood Dr, Freeport, ME 04032
      View Details

    Property Visit Statistics

    • Visits by month
      41.2k
    • Visitors by month
      27.8k
    • Avg Time on site
      15 min
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    8 Mallett Dr
    Freeport, ME 04032-1313
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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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