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Property profile

16 Ocean St South Portland, ME 04106

OFF-MARKET
Warehouses
Property ID
US42-0889345
View Sample
6,564 SF 0.27 ac lot Built 1900
Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,564 SF
Lot 0.27 ac (11,761 SF)
Zoning code Z
APN SPOR M:015 L:090
UPID US42-0889345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2012
2 recorded transactions
2012
Price N/A
2010
Price N/A

Zoning & alternative use

Z · South Portland, ME

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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