Property profile

1 Ocean Park Rd Old Orchard Beach, ME 04064

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0109828
2,819 SF 0.41 ac lot Built 1940
Individually Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1940
Construction FRAME
Total area 2,819 SF
Lot 0.41 ac (17,800 SF)
Zoning code GB-1
APN OOBH M:210 B:11 L:4
UPID US42-0109828

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tattoo & Piercing Shop

Location

1 Ocean Park Rd Old Orchard Beach, ME 04064-1219
Old Orchard Beach metro Census 6103 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

GB-1 · Old Orchard Beach, ME
Zoning description

(a) The general business district 1 (GB-1) shall extend along Old Orchard Road, Ocean Park Road, Temple Avenue, and Saco Avenue from the Saco town line to E. Emerson Cummings Blvd./Union Avenue, the Portland Road from Im…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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