Property profile

1200 Broadway South Portland, ME 04106

OFF-MARKET
Office buildings
Property ID
US42-0200081
2,176 SF 0.3 ac lot Built 1975
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1975
Construction FRAME
Total area 2,176 SF
Lot 0.3 ac (13,068 SF)
Zoning code Z
APN SPOR M:033 L:012-H
UPID US42-0200081

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Tattoo & Piercing Shop

Location

1200 Broadway South Portland, ME 04106-5652
South Portland metro Census 3300 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
$510k
Comparable Approach Comparable
$380k
Blend (final) Blend
$640k

Owner & transaction history

since 2022
Last sale
$555,000
2 recorded transactions
2022
$555,000
2022
Price N/A

Zoning & alternative use

Z · South Portland, ME
Top alternative use upside
Commercial (general) $470,000 +17.6%
Retail stores $440,000 +10.6%

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
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