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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Investment properties
1042 Portland Rd Saco, ME 04072-8611
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US42-0241071
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2003
Construction
FRAME
Total area
2,268 SF
Lot
1.78 ac (77,536 SF)
Zoning code
MU3
APN
SACO M:064 L:008 U:000-000
UPID
US42-0241071
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
-
Country Village Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
$435k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$600k
Owner & transaction history
1042 Portland Road LLC · 2 yrs held
1042 Portland Road LLC
since 2024
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
MU3 · Saco, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$630,000
+0.2%
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
Method
Estimation
Statistic approach
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
$470,000
6.5%
$435,000
7%
$400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
RETAIL STORES
$630,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (May 3 2024)
Last sale anchor
$600k
May 3 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$265 / SF
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
$7,013
Tax year 2022
Assessed value
$382,600
Assessed 2022
Previous assessed
$382,600
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$136,800
Assessed improvement
$245,800
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
Similar Nearby for Lease
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
Year built
2003
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
3
Bathrooms
4
Total area
2,268 SF
Lot
1.78 ac (77,536 SF)
Zoning code
MU3
APN
SACO M:064 L:008 U:000-000
UPID
US42-0241071
Jurisdiction
SACO
Zoning & alternative use
MU3 · Saco, MEZoning MU3 · permitted uses
MU3 · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$630,000
RETAIL STORES
Est. value
$630,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
3
Bathrooms
4
Lot
1.78 ac
Current owner
From public records · entity-resolved
1042 Portland Road LLC
Entity
Mailing address
20 OUTPOST DR, WINDHAM, ME 04062-5180
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2025
—
1042 Portland Road LLC
—
Deed
related
$100,000 · Maine Community Bank
May 3, 2024
$600,000
1042 Portland Road LLC
Normand O Berube
Warranty Deed
$450,000 · Norman O Berube
Apr 5, 2018
—
Normand P Berube
—
Deed
related
$300,000 · Saco & Biddeford Savs
Jan 18, 2018
—
Normand O Berube
Berube,raymond N
Quit Claim Deed
related
—
Dec 28, 2016
—
Raymond M Berube
Srb LLC
Quit Claim Deed
related
—
Jan 31, 2006
—
Srb LLC
—
Deed Of Trust
related
$125,000 · Saco & Biddeford Savings
Apr 25, 2005
—
Srb LLC
—
Deed Of Trust
related
$175,000 · Saco & Biddeford Savings
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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