Financial
Distress signals
Property profile

1 Railroad Ave York, ME 03909

OFF-MARKET
Turn key restaurants
Property ID
US42-0291192
1,618 SF 0.02 ac lot Built 2004
Last sale Feb 2025 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding restaurant building totaling 1,618 square feet and constructed in 2004. The building has a documented history of restaurant use, having previously operated as Sandy’s Purple Palace Diner. It is zoned YBVC. The address is 1 Railroad Avenue in York, Maine, and the building is located in the York Beach Commercial District, within walking distance of Short Sands Beach, with commercial neighbors including The Golden Rod across the street and Molly O’s next door.

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?
$4k
Tax billed · 2023
Assessed value$466k
Assessed land$309k
Assessed improvement$157k
Effective rate0.84%

Value estimate

· Sep 2026
$455k
$410k – $501k
AI approach$425k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$150 – $289

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

What can be built here?
B3
JurisdictionYORK

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 Service9.2
Locksmith8.7
Pharmacy8.5

Location

1 Railroad Ave York, ME 03909
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
276 York, York, ME 03909-1006 $640,000 Sep 2024 1,003 SF
975 Us Rte 1st, York, ME 03909-5820 $300,000 Sep 2024 3,606 SF
27 Atlantic, York, ME 03909-6205 $1,225,000 Aug 2024 3,050 SF
765 Us Rte 1st, York, ME 03909-5834 $900,000 Jun 2023 1,136 SF
230 York, York, ME 03909-1006 $1,196,406 May 2023 1,800 SF
435 Cider Hl, York, ME 03909-5306 $500,000 Apr 2023 3,000 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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