Technical
Financial
Distress signals
Property profile

16 Pkwy Dr Scarborough, ME 04074

OFF-MARKET
Warehouses
Property ID
US42-0308448
156,600 SF 11.22 ac lot Built 1988
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1988
Total area 156,600 SF
Lot 11.22 ac (488,743 SF)
Zoning code 31
APN SCAR M:R078 L:064
UPID US42-0308448

Cap rate & NOI

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

Location

16 Pkwy Dr Scarborough, ME 04074-7155
Scarborough metro Census 17303 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.88M

Owner & transaction history

since 2023
Last sale
$10.2M
1 recorded transaction
2023
$10.2M

Zoning & alternative use

31 · Scarborough, ME
Top alternative use upside
Industrial (general) $16.0M +148.9%
Retail stores $15.3M +137.9%
Apartment house (5+ units) $12.4M +92.9%

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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