Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1042 Portland Rd Saco, ME 04072-8611

    • Investment properties
    • 2,268 SF
    • 1.78 lot acres
    OFF-MARKET
    Value Estimation
    $585,000
    Last Sale
    May 03, 2024
    $600,000
    Location Intelligence
    Property ID
    US42-0241071
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Country Village / Mobile Home Park

    Property Details for 1042 Portland Rd

    Year built
    2003
    Construction
    FRAME
    Lot size
    1.78 lot acres
    Property size
    2,268 SF
    Zone code
    MU3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SACO M:064 L:008 U:000-000
    APU
    SACOM064L008U000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $500,000
      7%
      $490,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $550,000
      Geo Method
      $540,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $575,000
      Mixed-Use
      $460,000
      Hospitality
      $510,000
      Educational
      $540,000
      Residential Income
      $605,000
      Energy
      $580,000
      Income-Based Land
      $565,000
      Food Service
      $595,000

    Location Insight

    • Map
    • Local Demand
    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.4022
    Latitude
    43.5595
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,013
    $136,800
    $245,800
    $382,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.96 Acres

      22 Ocean Park Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.96 Acres
      22 Ocean Park Rd, Saco, ME 04072
      View Details
    • Value Estimation by Request
      39.90 Acres

      705 Portland Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 39.90 Acres
      705 Portland Rd, Saco, ME 04072-9005
      View Details
    • Value Estimation by Request
      0.65 Acres

      5 Storer St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.65 Acres
      5 Storer St, Saco, ME 04072-2718
      View Details
    • Value Estimation
      $190,000
      5.00 Acres

      36 Burnham Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5.00 Acres
      36 Burnham Rd, Saco, ME 04072
      View Details
    • Value Estimation
      $255,000
      124.20 Acres

      991 Portland Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 124.20 Acres
      991 Portland Rd, Saco, ME 04072-9675
      View Details
    • Value Estimation by Request
      5.00 Acres

      924 Portland Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 5.00 Acres
      924 Portland Rd, Saco, ME 04072-9006
      View Details

    Similar Nearby for Sale

    • $2,300,000
      10,550 SF

      Main Street Saco Investment

      10,550 SF building, 2.28 acres
      644 Sf Building & Land, Saco, ME 04072
      View Details
    • $2,900,000
      14,000 SF

      Saco, ME Restaurant Redevelopment

      Prime 14,000 SF restaurant, redevelopment opportunity.
      345 North St, Saco, ME 04072
      View Details
    • $1,595,000
      6,912 SF

      Restaurant Building with Large Parking

      Stand-alone restaurant building in excellent condition with investment potential.
      512 Main St, Saco, ME 04072
      View Details
    • $225,000
      0.07 Acres

      Mixed-Use Lot in Downtown Saco

      Prime lot for business and residential units in vibrant downtown.
      18 Free St, Saco, ME 04072
      View Details
    • $2,300,000
      2.28 Acres

      Saco Commercial Opportunity Zone Property

      2.28 acres with building and development potential in Saco, Maine.
      644 Main St, Saco, ME 04072
      View Details
    • $1,650,000
      16.37 Acres

      Saco Land Ideal for Development

      Large 16.37-acre tract suited for multi-family or hospitality development.
      642 Main St, Saco, ME 04072
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      63,000 SF

      Industrial Build-to-Suit Opportunity, Saco

      63,000± SF build-to-suit industrial building on US Route 1.
      1016 Portland Rd, Saco, ME 04072
      View Details
    • $6,900,000
      42,704 SF

      Freezer & Refrigerated Distribution Facility

      42,704± SF freezer/refrigerated distribution facility on 4.23± acres.
      12 Lund Rd, Saco, ME 04072
      View Details
    • Contact for pricing
      18,200 SF

      New Build-to-Suit Saco Warehouse

      Customizable warehouse space in Saco's prime industrial zone.
      4 Lehner Rd, Saco, ME 04072
      View Details
    • Contact for pricing
      1 SF

      Prime Saco Retail Land Opportunity

      High-traffic Main Street location, build-to-suit available.
      650 Main St, Saco, ME 04072
      View Details
    • $250 SF/Yr
      100 SF

      Small Office Spaces For Rent

      Small office spaces available in a high-visibility location.
      445 Main St, Saco, ME 04072
      View Details
    • Contact for pricing
      1,400 SF

      Main Street Retail Space For Lease

      Prime Saco location, 1400 sq ft retail space.
      507 Main St, Saco, ME 04072
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1042 Portland Rd
    Saco, ME 04072-8611
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.