Financial
Distress signals
Property profile

3 Grand Ave Scarborough, ME 04074

OFF-MARKET
Other investment properties
Property ID
US42-0362393
7,960 SF 1.3 ac lot Built 1940
Last sale Apr 2017
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 7,960 SF mixed-use building located at 3 E Grand Ave in Scarborough, in the Pine Point area near Pine Point Beach and Old Orchard Beach. The property was built in 1940 and updated in 2017. It contains a 4,000 SF restaurant space configured for operation with seating for over 130 guests, along with a gift shop. The restaurant is supported by an outdoor patio that includes a gas fire pit, and the site provides dedicated green space for tenants. Two residential units are located on the second

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$890k
Assessed land$463k
Assessed improvement$428k
Effective rate1.60%

Value estimate

· Sep 2026
$475k
$428k – $523k
Submarket $/SF estimate$1.18M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$226/SF
County average, outlier-cleaned · 163 recorded sales of this use type
Observed band · Q1–Q3$129 – $339
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
22
JurisdictionSCARBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.7
Electrical Service9.3
Garden Center8.9

Location

3 Grand Ave Scarborough, ME 04074-7224
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
680 Us Rte 1st, Scarborough, ME 04074-1304 $1,300,000 Oct 2025 1,656 SF
352 Black Pt, Scarborough, ME 04074-8618 $2,350,000 May 2024 5,502 SF
107 Mussey, Scarborough, ME 04074-9696 $4,500,000 Jun 2023 1,920 SF
27 Grand Ave, Scarborough, ME 04074-9210 $725,000 Mar 2023 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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