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    584 Alfred St Biddeford, ME 04005

    Sponsored
    For Lease
    Contact for pricing

    High-traffic, 1.43-acre retail lot.

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.43-acre commercial pad site, located at 584 Alfred Street in Biddeford, Maine, presents a unique opportunity for retail development or lease. Zoned B2 - Business Highway, this property boasts unparalleled visibility and accessibility. Situated conveniently near the intersection of a well-lit access easement through the Biddeford Shoppes, the site benefits from high traffic counts and proximity to established businesses such as Dunkin', Firehouse Subs, Five Guys, Mattress Firm, and more within the Biddeford Shoppes. Across the street lies the prominent Biddeford Crossing, anchored by Market Basket and Target, further enhancing the site's desirability. The property offers easy access to Interstate 95 via Exit 32, ensuring convenient access for customers and employees. This single-tenant pad site is ideal for a variety of retail uses and presents a compelling investment opportunity in a thriving commercial area. The lot size is 1.43 acres, and the property is classified as Retail and Land. The property is located in York County, Maine, with a zip code of 04005. This prime location offers significant potential for growth and success.

    Property Features for 584 Alfred St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Land lease or build‑to‑suit opportunity available.
    • Excellent I‑95 access at Exit 32.
    • High daily traffic counts exceeding 27,445 vehicles.
    • Prime Biddeford retail location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Dental Office Clothing Store Hotel & Motel Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.5128551
    Latitude
    43.4759361

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic, 1.43-acre retail lot.
    Where is this individual retail property located?
    The property is located at 584 Alfred St Biddeford, ME.
    What are key features of this property?
    This property features: Land lease or build-to-suit opportunity available.; Excellent I-95 access at Exit 32.; High daily traffic counts exceeding 27,445 vehicles.
    Request Owner's contact information
    584 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
    584 Alfred St Biddeford, ME 04005
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