Property profile

15 Saco Ave Old Orchard Beach, ME 04064

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0109856
11,208 SF 1.7 ac lot Built 1997
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1997
Construction STEEL FRAME
Total area 11,208 SF
Lot 1.7 ac (74,052 SF)
Zoning code DD-2
APN OOBH M:206 B:27 L:9
UPID US42-0109856

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
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Postal Service Courier Service
  • Physician
  • Cosmetic Store

Location

15 Saco Ave Old Orchard Beach, ME 04064-2279
Old Orchard Beach metro Census 6106 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.10M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.06M

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2014
Price N/A

Zoning & alternative use

DD-2 · Old Orchard Beach, ME
Zoning description

Downtown District-2 (DD-2) Sec. 78-746. - Purpose. The downtown district 2 (DD-2) represents a natural expansion of the DD-1 district into adjacent underutilized parcels for the purpose of increasing the critical mass of…

General category COMMERCIAL

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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