388 WesternAugusta, ME 04330

  • Hospitality properties
  • 46,905 SF
Off market
$34,583,260 Estimated

Property Details for 388 Western

Year built
2011
Construction
STEEL FRAME
Lot size
3.45 AC
Property size (Sq ft)
46,905 SF
Property type
Hospitality properties
Property subtype
Motels
APN
AUGU M:00017 B:00005 L:00000
APU
AUGUM00017B00005L00000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,808,158
    6.5%
    $8,130,607
    7%
    $7,549,850
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,402,227
    Geo Method
    $14,402,227
  • Alternative Use

    Use
    Valuation
    Residential
    $8,876,261
    Hospitality
    $8,130,607
    Educational
    $6,764,570
    Medical
    $6,997,214
    Retail
    $10,522,664
388 Western, Augusta, Maine

Location Insight

City
Augusta
County
Kennebec
State
Maine
Latitude
44.3167
Longitude
-69.8161
CBSA code
12300
CBSA name
AUGUSTA-WATERVILLE, ME MICROPOLITAN 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
$113,498
$600,000
$4,343,300
$4,943,300
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