Property profile

1294 Sabattus St Lewiston, ME 04240

FOR SALE
Other investment properties
Saved · see the list in your Dashboard
Property ID
US42-0822824
3,808 SF 1.51 ac Built 1961
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a mixed-use site on a 1.51-acre parcel in Lewiston, Maine, located at 1294 Sabattus St, within a Highway Business zoning district. It combines a 1,960-square-foot residential structure built in 1961 with commercial garage space at the same address. The residence has 3 bedrooms, 1.5 bathrooms, an open kitchen and dining area, and a full basement. The commercial component includes a garage with two large bays and the site also features a carport. Exterior amenities include a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$190k
Assessed land$54k
Assessed improvement$136k
Effective rate3.00%

Value estimate

· Nov 2026
$225k
$203k – $248k
AI approach$225k
NOI build-up
Gross scheduled income$42k
Vacancy & credit loss−$5k
Operating expenses−$14k
NOI · 3.85% cap applied$23k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$54/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$38 – $79
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3.85%
$23k 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.

JurisdictionLEWISTON

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Auto Parts Store8.7
Plumbing Service8.7

Location

1294 Sabattus St Lewiston, ME 04240
County assessor Recorded deeds · not on file 6 qualifying comp sales 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
78 Essex, Lewiston, ME 04240-6616 $410,000 Nov 2024 4,692 SF
485 Main, Lewiston, ME 04240-6236 $325,000 Jul 2024 3,664 SF
885 Lisbon, Lewiston, ME 04240-6123 $300,000 Mar 2024 4,407 SF
369 Main, Lewiston, ME 04240-7030 $225,000 Mar 2023 3,634 SF
472 Main, Lewiston, ME 04240-6237 $255,000 Dec 2022 3,774 SF
643 Main, Lewiston, ME 04240-5938 $249,000 Jun 2022 3,942 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved