Financial
Distress signals
Property profile

305 Cummings Rd South Portland, ME 04106

OFF-MARKET
Commercial land
Property ID
US42-0535655
4.14 ac lot
Last sale Oct 2024 · $450,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 4.14-acre commercial land parcel located at the intersection of Cummings Road and Gannett Drive in South Portland, Maine, with approximately 3.20 acres designated as buildable. The site is positioned for convenient access to Interstate 95 and Interstate 295. It is located within an Opportunity Zone. The parcel has documentation of a prior site plan approval for development of a 23,940-square-foot commercial building and is configured to support build-to-suit development.

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?
$6k
Tax billed · 2023
Assessed value$404k
Assessed land$404k
Effective rate1.41%

Value estimate

· Sep 2026
$490k
$441k – $539k
AI approach$535k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$216/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$107 – $297

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.

JurisdictionSOUTH PORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.7
Storage Facility8.4
Convenience Store8.3

Location

305 Cummings Rd South Portland, ME 04106-3227
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

4 recorded sales · 8 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 1st, South Portland, ME 04106-3712 $979,000 Jan 2026 No data
57 1st, South Portland, ME 04106-3712 $830,000 Jan 2026 No data
43 1st, South Portland, ME 04106-3712 $1,055,500 Dec 2025 No data
73 1st, South Portland, ME 04106-3712 $750,000 Oct 2025 No data
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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