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

    887 Congress St, Unit SL1 Portland, ME 04102-3100

    • Specialty properties
    • 1,385 SF
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US42-0511105
    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

    • Timothy Fitzgerald, MD / Surgeon
    • Stacey A Rotta, MD / Intensivist
    • Dr. Furr / Hospital
    • MaineHealth Pediatric Specialty Care - Pediatric Gastroenterology - Pediatric Infectious Disease / Medical Group / Pathologist
    • Maine Medical Partners - Acute Care Surgery / Medical Group / Emergency Care Physician

    Property Details for 887 Congress St

    Year built
    1999
    Property size
    1,385 SF
    Property type
    Specialty properties
    APN
    PTLD M:053 B:I001SL1
    APU
    PTLDM053BI001SL1

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $365,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $340,000
      Retail
      $400,000
      Mixed-Use
      $360,000
      Hospitality
      $325,000
      Educational
      $360,000
      Residential Income
      $320,000
      Energy
      $340,000
      Income-Based Land
      $315,000
      Food Service
      $390,000

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2775
    Latitude
    43.6549
    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
    $0.00
    $88,200
    $352,800
    $441,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      19 Frst St

      CHARITABLE ORGANIZATION
      19 Frst St, Portland, ME 04102
      View Details
    • Value Estimation by Request
      7.87 Acres

      1821 Congress St

      CHARITABLE ORGANIZATION • 7.87 Acres
      1821 Congress St, Portland, ME 04102
      View Details
    • Value Estimation by Request
      0.07 Acres

      10 Bramhall St

      CHARITABLE ORGANIZATION • 0.07 Acres
      10 Bramhall St, Portland, ME 04102-3102
      View Details
    • Value Estimation by Request
      11.10 Acres

      488 Capisic St

      CHARITABLE ORGANIZATION • 11.10 Acres
      488 Capisic St, Portland, ME 04102-1741
      View Details
    • Value Estimation by Request
      19.67 Acres

      1st Hutchins Dr

      CHARITABLE ORGANIZATION • 19.67 Acres
      1st Hutchins Dr, Portland, ME 04102-1931
      View Details
    • Value Estimation by Request
      4,576 SF

      70 Emery St

      CHARITABLE ORGANIZATION • 4,576 SF
      70 Emery St, Portland, ME 04102-3707
      View Details

    Similar Nearby for Sale

    • $275,000
      0.31 Acres

      Serene Portland Land Opportunity

      Build your dream home near trails and downtown Portland.
      Hillcrest Ave, Portland, ME 04102
      View Details
    • New
      $549,000
      0.05 Acres

      Congress Street Commercial Property

      Commercial property on Congress Street with high-traffic and endless potential.
      867 Congress St, Portland, ME 04102
      View Details
    • $525,000
      1,234 SF

      Well-Maintained Two-Unit Multifamily Property

      Two-unit property in Portland with modern updates and convenient location.
      9 C St, Portland, ME 04102
      View Details
    • $1,650,000
      3,842 SF

      Prime West End Investment Opportunity

      Historic Portland property with income potential and flexible zoning.
      15 Pine St, Portland, ME 04102
      View Details
    • $650,000
      3,636 SF

      Portland Triplex Renovation Opportunity

      Three-unit property in Portland, Maine, ready for complete renovation.
      6 Horton Pl, Portland, ME 04102
      View Details
    • New
      $422,500
      1,314 SF

      Stroudwater Renovated Bungalow with Investment Potential

      Renovated Stroudwater bungalow with investment potential and large lot.
      1549 Westbrook St, Portland, ME 04102
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      242,965 SF

      Portland Executive Office Space

      Modern Portland office, ample parking, I-95 access
      7 Rand Rd, Portland, ME 04102
      View Details
    • Contact for pricing
      4,394 SF

      Portland Retail Pad Site Investment

      High-visibility retail land, prime location.
      1220 Brighton Ave, Portland, ME 04102
      View Details
    • $13 SF/Yr
      3,200 SF

      Portland Office Space For Rent

      3,200+/- SF office space in convenient Jetport location.
      406 Yellowbird Rd, Portland, ME 04102
      View Details
    • Contact for pricing
      15,200 SF

      Portland Office Space for Lease

      Prime Portland Office Suites Available Now
      188 State St, Portland, ME 04102
      View Details
    • $20 SF/Yr
      3,988 SF

      New Waterfront Retail/Office Building

      New construction retail and office space on Portland's waterfront.
      266 Commercial St, Portland, ME 04102
      View Details
    • $17 SF/Yr
      106,846 SF

      Union Station Plaza: Retail Space

      Prime Retail/Office Space, I-295 Access
      252 St John St, Portland, ME 04102
      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.
    887 Congress St, Unit SL1
    Portland, ME 04102-3100
    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.