Financial
Distress signals
Property profile

11 Parkwood Dr Augusta, ME 04330

FOR LEASE
Office buildings
Property ID
US42-0305701
16,238 SF 1.3 ac lot Built 1900
Last sale Apr 2022 · $530,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a building containing approximately 3,400 square feet of office space. The exterior has been recently painted and the building has undergone renovations. It is situated just off Capitol Street, in an area with access to major employment and governmental destinations, including nearby State of Maine office buildings and the State House. The location is also minutes from Maine Turnpike Exit 109.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$557k
Assessed land$229k
Assessed improvement$328k
Effective rate2.30%

Value estimate

· Sep 2026
$515k
$464k – $567k
AI approach$530k
Submarket $/SF estimate$599k
NOI build-up
Gross scheduled income$351k
Vacancy & credit loss−$45k
Operating expenses−$77k
NOI · 2,295,420.00% cap applied$230k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$84/SF
County average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$52 – $112

Cap rate analysis

How does the asset earn?
2,295,420.00%
$230k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionAUGUSTA

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.5
Locksmith8.8
Carpet & Flooring Store8.5

Location

11 Parkwood Dr Augusta, ME 04330
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
323 State, Augusta, ME 04330-7149 $1,600,000 Dec 2025 13,389 SF
125 Community, Augusta, ME 04330-8156 $950,000 Apr 2025 9,540 SF
196 Whitten, Augusta, ME 04330-6021 $210,000 Jul 2024 8,820 SF
290 State, Augusta, ME 04330-6916 $515,000 Oct 2023 9,010 SF
24 Stone, Augusta, ME 04330-5298 $1,400,000 Dec 2022 32,074 SF
5 Wade, Augusta, ME 04330-6318 $400,000 Aug 2022 7,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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