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Property profile & analytics

650 Main St Saco, ME 04072

  • Motels
  • 5,808 SF
  • 0.93 lot acres
Value Estimation
$725,000
Last Sale
Mar 13, 2024
$750,000
Location Intelligence
Property ID
US42-0190884
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Star Car Rental / Car Rental Agency

Property Details for 650 Main St

Year built
1955
Construction
FRAME
Lot size
0.93 lot acres
Property size
5,808 SF
Zone code
B-2B
Property type
Motels
APN
SACO M:042 L:010 U:001-000
APU
SACOM042L010U001000

Description

This exceptional 1.9-acre commercial lot, located at 650 Main Street in Saco, Maine (zip code 04072), presents a unique opportunity for retail development. Situated in York County, the property boasts a significant 380± foot frontage along Route 1, providing unparalleled visibility and accessibility. The zoning designation is B-2b (Highway Business District), allowing for a wide range of commercial uses. The parcel (APN: Parcel 10-2, Map 42) is ideally positioned near the northbound entrance to Route 195, a major artery serving the Maine Turnpike, ensuring high traffic volume and excellent exposure to a large customer base. The property is currently vacant and offers a single-tenant opportunity, making it perfect for a build-to-suit project or ground lease. While the total building square footage is currently listed as 1 square foot, this reflects the absence of existing structures, highlighting the potential for new construction. The number of parking spaces will be determined by the proposed development plans. This prime location offers significant potential for a thriving retail business. Interested parties should review the proposed concept plans for parking details.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $750,000
  • CAP approach

    CAP return
    Estimation
    6%
    $665,000
    6.5%
    $615,000
    7%
    $740,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $570,000
    Geo Method
    $710,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $600,000
    Retail
    $665,000
    Mixed-Use
    $610,000
    Hospitality
    $675,000
    Educational
    $625,000
    Residential Income
    $590,000
    Energy
    $780,000
    Income-Based Land
    $680,000
    Food Service
    $585,000

Location Insight

  • Map
  • Local Demand
City
Saco
County
York
State
Maine
Longitude
-70.4297
Latitude
43.5158
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,565
$229,300
$347,100
$576,400
-
$0.00
$0.00
$0.00
More about this property
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