Financial
Distress signals
Property profile

394 Elm St Biddeford, ME 04005

OFF-MARKET
Other retail properties
Property ID
US42-0268036
1,316 SF 0.41 ac lot Built 1986
Last sale Dec 2023 · $510,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail storefront comprising approximately 1,316 square feet on an approximately 0.41-acre parcel. It is located at the intersection of Alfred, West, and Elm Streets where five major traffic routes converge. The site has had a canopy and tanks removed. The location is approximately one mile from Exit 32 of the Maine Turnpike, with access to the regional highway network, and MDOT reports approximately 36,000 vehicles in daily traffic at the location.

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?
$8k
Tax billed · 2023
Assessed value$620k
Assessed land$491k
Assessed improvement$130k
Effective rate1.31%

Value estimate

· Sep 2026
$325k
$293k – $358k
AI approach$380k

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

Recently sold

What actually traded nearby?
$278/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$107 – $425
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?
B2
The B2 is highway-oriented commercial area, Residential development is prohibited from this zone
General categoryCOMMERCIAL
JurisdictionBIDDEFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.1
Law Firm10.6
Parking Facility10.2

Location

394 Elm St Biddeford, ME 04005-4116
County assessor Recorded deeds · 2 transfers 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9 Thornton, Biddeford, ME 04005-2023 $375,000 Dec 2025 2,640 SF
453 Elm, Biddeford, ME 04005-4145 $540,000 Aug 2024 4,358 SF
447 Elm, Biddeford, ME 04005-4114 $1,100,000 May 2024 2,284 SF
463 Elm, Biddeford, ME 04005-4115 $239,000 Sep 2023 1,176 SF
557 Elm, Biddeford, ME 04005-4322 $500,000 Apr 2023 5,426 SF
68 Elm, Biddeford, ME 04005-2013 $1,175,000 Apr 2022 9,000 SF
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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