Property profile

165 Waterman Dr South Portland, ME 04106

OFF-MARKET
Auto shops
Property ID
US42-0167539
35,503 SF 4.24 ac lot Built 1966
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,503 SF
Lot 4.24 ac (184,694 SF)
APN SPOR M:018 L:006
UPID US42-0167539

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 Parts Store
  • Auto Repair Shop
  • Car Dealership Auto Repair Shop
  • Car Wash
  • Car Dealership Auto Repair Shop

Location

165 Waterman Dr South Portland, ME 04106-3632
South Portland metro Census 3200 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.99M

Owner & transaction history

since 2019
5 recorded transactions
2025
Price N/A
2024
Price N/A
2022
Price N/A
2019
Price N/A
2012
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $3.2M +4.2%

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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