Property profile

105 Topsham Fair Mall Rd Topsham, ME 04086

OFF-MARKET
Other retail properties
Property ID
US42-0309229
46,303 SF 4.44 ac lot Built 2007
Entity Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property contains approximately 7,633 square feet of medical or office space and is situated with access to, and visibility from, I-295. It is located in a medical-center environment that includes tenants anchored by Central Maine Healthcare and the New England Cancer Center, and it benefits from proximity to a variety of retail uses such as Market Basket, Target, Dick’s Sporting Goods, Five Below, Panera, Smitty’s Cinema, GameStop, The Home Depot, Hannaford, and Reny’s. Traffic information cited for I-295 indicates an AADT of 14,090 vehicles per day (2019).

Property profile

Verified
Property type Other retail properties
Use group DEPARTMENT STORE
Year built 2007
Construction STEEL FRAME
Total area 46,303 SF
Lot 4.44 ac (193,249 SF)
Zoning code NO
APN TOPM M:R05 L:021-D-08A
UPID US42-0309229

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
  • Physician Hospital
  • Physician
  • Medical Clinic Hospital
  • Medical Clinic Hospital
  • Physician

Location

105 Topsham Fair Mall Rd Topsham, ME 04086-1773
Topsham metro Census 970302 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.09M

Owner & transaction history

since 2017
5 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

NO · Topsham, ME
Top alternative use upside
Auto repair, garage $4.8M +30.5%
Restaurant $4.6M +25.7%
Office building $4.2M +16.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 105 Topsham Fair Mall Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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