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Property profile & analytics
OFF-MARKET
Investment properties
1022 Portland Rd, Saco, ME 04072-4000
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US42-0285436
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
18.87 ac (821,982 SF)
Zoning code
MU3
APN
SACO M:064 L:011 U:000-000
UPID
US42-0285436
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Northeast Delta Dental Dental Office
-
Northeast Delta Dental: Demorett Amy Insurance Agency
-
Northeast Delta Dental: Hamilton Collette Insurance Agency
-
Delta Dental Plan of Maine Insurance Agency
-
Chamberlain Realty Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chamberlain Homes INC · 18 yrs held
Chamberlain Homes INC
since 2008
7 recorded transactions
Zoning & alternative use
MU3 · Saco, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$24,091
Tax year 2022
Assessed value
$1,314,300
Assessed 2022
Previous assessed
$1,314,300
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$546,400
Assessed improvement
$767,900
Applied tax rate
64,675.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
2
Lot
18.87 ac (821,982 SF)
Zoning code
MU3
APN
SACO M:064 L:011 U:000-000
UPID
US42-0285436
Jurisdiction
SACO
Zoning & alternative use
MU3 · Saco, ME
Zoning MU3 · permitted uses
MU3 · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
2
Lot
18.87 ac
Current owner
From public records · entity-resolved
Chamberlain Homes INC
Entity
Mailing address
1022 PORTLAND RD, SACO, ME 04072-4000
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
—
Preston Properties LLC
—
Deed
related
$1,331,250 · Androscoggin Bank
Oct 28, 2016
—
Preston Properties LLC
—
Deed
related
$100,000 · Androscoggin Svgs Bk
Sep 8, 2016
—
Preston Properties LLC
—
Deed
related
$618,467 · Androscoggin Svgs Bk
Apr 25, 2013
—
Preston Props LLC
—
Deed Of Trust
related
$671,250 · Androscoggin Bank
Mar 23, 2010
—
Preston Props LLC
—
Deed Of Trust
related
$783,500 · Norway Savings Bank
Mar 13, 2008
—
Chamberlain Homes INC
Goosefare Acres Ltd INC
Warranty Deed
$349,200 · Norway Savings Bank
Dec 5, 2007
—
Chamberlain Props LLC
—
Deed Of Trust
related
—
Apr 25, 2006
—
Rockwood Props LLC
—
Deed Of Trust
related
$250,000 · Worth Funding INC
Dec 29, 2005
—
Rockwood Props LLC
—
Deed Of Trust
related
$300,000 · Worth Funding INC
May 26, 2005
—
Chamberlain Const INC
—
Deed Of Trust
related
$423,000 · Hancock Financial Corp
May 5, 2005
—
Rockwood Props LLC
—
Deed Of Trust
related
$600,000 · Hancock Financial Corp
Apr 20, 2005
—
Park North Dev LLC
—
Deed Of Trust
related
$850,000 · Paul R Hale
Feb 23, 2005
—
Rockwood Props LLC
—
Deed Of Trust
related
$300,000 · Worth Funding INC
—
—
Preston Properties LLC
—
Loan Modification
related
$618,467 · Androscoggin Svgs Bk
—
—
Preston Properties LLC
—
Deed Of Trust
related
$100,000 · Androscoggin Svgs Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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