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    457 Alfred St Biddeford, ME 04005

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    For Sale
    $500,000

    Prime retail development site on Route 111 retail corridor.

    Property size:
    6,000 SF
    Lot size:
    2.09 Acres

    Property Features for 457 Alfred St

    General Information

    Size
    6,000 SF
    Lot size
    2.09 Acres

    Source: The Dunham Group Agent Frank O'Connor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Development Site Opportunity

    This property represents a retail development site opportunity situated on Biddeford’s Route 111 retail corridor. The site offers access from Route 111 and benefits from a lighted intersection at West Cole Road and Route 111. The property has a size of 6000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.4860349
    Latitude
    43.4789217

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    FAQs

    What type of property is this?
    Commercial land - Prime retail development site on Route 111 retail corridor.
    Where is this commercial land located?
    The property is located at 457 Alfred St Biddeford, ME.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime retail development site; - Located on Biddeford’s Route 111 retail corridor; - Access off Route 111
    (207) 773-7100
    Request Owner's contact information
    457 Alfred St Biddeford, ME 04005
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    Biddeford, ME 04005
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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
    457 Alfred St Biddeford, ME 04005
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