Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

637 Forest Ave Portland, ME 04101

FOR SALE
Commercial real estate
Property ID
US42-0104172
6,213 SF 0.05 ac lot Built 1956
Last sale Oct 2024 · $635,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
637 Forest Ave, Portland, ME 04101 For Sale
$775,000 6,213 SF
637 Forest Ave, Portland, ME 04101
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value$623k
Assessed land$140k
Assessed improvement$483k
Effective rate1.44%

Value estimate

· Nov 2026
$635k
$572k – $699k
AI approach$635k
NOI build-up
Gross scheduled income$112k
Vacancy & credit loss−$19k
Operating expenses−$23k
NOI · 8.98% cap applied$70k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
8.98%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.3
Electrical Service10.3
Dry Cleaner9.4

Location

637 Forest Ave Portland, ME 04101
County assessor Recorded deeds · 1 transfer 5 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
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
69 Newbury, Portland, ME 04101-4254 $1,139,050 Jul 2023 4,438 SF
585 Congress, Portland, ME 04101-3309 $2,600,000 Jul 2022 10,650 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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