Financial
Distress signals
Property profile

585 Congress St 4 Portland, ME 04101

OFF-MARKET
Commercial real estate
Property ID
US42-0798563
10,650 SF Built 1900
Last sale Jul 2022 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$19k
Tax billed · 2023
Assessed value$1.34M
Assessed land$268k
Assessed improvement$1.07M
Effective rate1.44%

Value estimate

· Sep 2026
$3.01M
$2.71M – $3.31M
AI approach$3.04M
CAP approach$2.04M
Sales comparison$2.19M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$277/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$115 – $367
Qualifying comparables11

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.4
Pet Grooming Service8.8
Watch Repair Shop8.8

Location

585 Congress St, Unit 4 Portland, ME 04101-3309
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales Zoning catalog · not on file

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
637 Frst, Portland, ME 04101-1530 $635,000 Oct 2024 6,213 SF
616 Frst, Portland, ME 04101-1510 $6,250,000 Jun 2024 13,413 SF
62 Mellen, Portland, ME 04101-2146 $1,425,000 Nov 2023 8,831 SF
110 High, Portland, ME 04101-3579 $800,000 Aug 2023 8,322 SF
14 Deering, Portland, ME 04101-2332 $1,220,000 Jun 2022 6,202 SF
211 Fore, Portland, ME 04101-4810 $695,000 Apr 2022 7,022 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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