Property profile

584 Alfred Rd Biddeford, ME 04005

OFF-MARKET
Retail properties & Spaces
1 SF 1.43 ac lot
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Property summary

AI-generated overview

This exceptional 1.43-acre parcel, located at 584 Alfred Road in Biddeford, Maine, presents a prime opportunity for retail development. Zoned B2 - Business Highway, this single-tenant site boasts unparalleled visibility and accessibility. The property benefits from an access easement through the established Biddeford Shoppes, a vibrant retail center featuring national brands such as Dunkin', Firehouse Subs, Five Guys, and Mattress Firm. Its strategic location offers convenient access to Interstate 95 via Exit 32, ensuring high traffic counts and significant exposure to potential customers. Across Alfred Street lies the prominent Biddeford Crossing, anchored by Market Basket and Target, further enhancing the site's desirability and drawing significant consumer traffic. The property's 1-square-foot building offers a blank canvas for a new retail venture, while the expansive land area provides ample space for development and parking. This location offers a unique blend of high visibility, convenient access, and proximity to established retail giants, making it an ideal investment for discerning businesses seeking a thriving retail presence in a high-traffic area of Biddeford, Maine. The property is situated in York County and has a zip code of 04005.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 1.43 ac (62,291 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

584 Alfred Rd Biddeford, ME 04005
Biddeford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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