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    107 Us Rte 1st 1 Freeport, ME 04032-7002
    Property profile & analytics

    107 Us Rte 1st 1, Freeport, ME 04032-7002

    View on Map

    • Hotels
    • 26,211 SF
    • 2.00 lot acres
    Off-Market
    Last Sale Dec 7, 2023
    $3,500,000
    Property ID
    US42-0171395
    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.

    Value Estimations
    $3,440,000
    Show details
    Cap Rate Potential
    5.6%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 107 Us Rte 1st 1

    Year built
    1996
    Construction
    FRAME
    Lot size
    2.00 lot acres
    Zone code
    CM04
    Property type
    Hotels
    APN
    FPRT M:25 B:6 L:0 U:0
    APU
    FPRTM25B6L0U0

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 7, 2023 $3,500,000 Raam Hospital LLC Cardinal Maien 11 LLC Quit Claim Arm's Length For Ne States $3.2M · Five County Credit Union
    Jun 15, 2022 $2,900,000 Maine 11 LLC Loujoe Ventures LLC Quit Claim Arm's Length For Ne States $2.5M · Mechanics Savings Bank
    Jan 20, 2016 — Loujoe Ventures LLC Gard Inns Warranty Deed $350k
    Dec 24, 2013 — Inns Gard — Deed Of Trust · related $110k · City Of Portland (me)
    Dec 10, 2013 — Inns Gard Gardiner,kenneth & Carolyn Quit Claim Deed · related —
    Oct 19, 2012 — Kenneth W Gardiner — Deed Of Trust · related $100k · City Of Portland (me)
    — — Loujoe Ventures LLC — Deed Of Trust · related $955k · Bath Svgs Institution
    — — Loujoe Ventures LLC — Loan Modification · related $1.4M · Bath Svgs Institution
    — — Loujoe Venturesllc — Loan Modification · related $85k · Bath Svgs Inst'l

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,395,000
      ML approach
      $3,365,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,175,000
      6.5%
      $2,930,000
      7%
      $2,720,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $3,445,000
      OFFICE BUILDING
      $3,290,000
      RETAIL STORES
      $3,165,000
      AUTO REPAIR, GARAGE
      $3,110,000
      COMMERCIAL (GENERAL)
      $3,100,000
      INDUSTRIAL (GENERAL)
      $2,075,000
      APARTMENT HOUSE (5+ UNITS)
      $2,070,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Freeport
    County
    Cumberland
    State
    Maine
    Longitude
    -70.145
    Latitude
    43.8168
    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
    2023
    $33,949
    $331,600
    $2,137,400
    $2,469,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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