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    Property profile & analytics

    87 Main St Damariscotta, ME 04543

    • Retail space
    • 4,650 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 27, 2024
    Location Intelligence
    Property ID
    US42-0125797
    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

    • Newcastle Realty / Real Estate Agency

    Property Details for 87 Main St

    Year built
    1900
    Lot size
    0.22 lot acres
    Property size
    4,650 SF
    Zone code
    RB
    Property type
    Retail space
    APN
    DAMA M:006 L:017
    APU
    DAMAM006L017

    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
    -69.5325
    Latitude
    44.0329

    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
    $7,885
    $187,600
    $286,000
    $473,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      5,280 SF

      591 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,280 SF
      591 Main St, Damariscotta, ME 04543
      View Details
    • Value Estimation
      $290,000
      1,512 SF

      477 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,512 SF
      477 Main St, Damariscotta, ME 04543-4656
      View Details
    • Value Estimation
      $270,000
      3,066 SF

      108 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,066 SF
      108 Main St, Damariscotta, ME 04543-4668
      View Details
    • Value Estimation
      $325,000
      4,352 SF

      535 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,352 SF
      535 Main St, Damariscotta, ME 04543-4660
      View Details
    • Value Estimation
      $240,000
      4,140 SF

      112 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,140 SF
      112 Main St, Damariscotta, ME 04543-4669
      View Details
    • Value Estimation by Request
      5,515 SF

      72 Courtyard St

      RETAIL STORES (PERSONAL SERVICES) • 5,515 SF
      72 Courtyard St, Damariscotta, ME 04543
      View Details

    Similar Nearby for Sale

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      Prime lot in Damariscotta, close to amenities and Route 1.
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      50-Acre Land Parcel in Maine

      Large raw land for agriculture, recreation, hunting, or solar farm.
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      View Details
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    87 Main St
    Damariscotta, ME 04543
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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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