Property profile

162 Saco Ave Old Orchard Beach, ME 04064

OFF-MARKET
Auto shops
Property ID
US42-0188106
5,650 SF 0.7 ac lot Built 1945
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,650 SF
Lot 0.7 ac (30,300 SF)
Zoning code GB-1
APN OOBH M:208 B:2 L:1
UPID US42-0188106

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
  • Auto Repair Shop
  • Car Dealership
  • Car Wash
  • (Bike/Boat/Book/etc) Store

Location

162 Saco Ave Old Orchard Beach, ME 04064-1621
Old Orchard Beach metro Census 6103 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

GB-1 · Old Orchard Beach, ME
Zoning description

(a) The general business district 1 (GB-1) shall extend along Old Orchard Road, Ocean Park Road, Temple Avenue, and Saco Avenue from the Saco town line to E. Emerson Cummings Blvd./Union Avenue, the Portland Road from Im…

General category MIXED_USE

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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