Property profile

1892 Main St Sanford, ME 04073

OFF-MARKET
Motels
Property ID
US42-0414417
17,736 SF 1.41 ac lot Built 1988
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1988
Construction FRAME
Total area 17,736 SF
Lot 1.41 ac (61,420 SF)
Zoning code IB
APN SANF M:0R19 B:002B
UPID US42-0414417

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
  • Hotel & Motel
  • Hotel & Motel

Location

1892 Main St Sanford, ME 04073-4401
Sanford metro Census 30300 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$550k

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2013
Price N/A
2013
Price N/A
2006
Price N/A

Zoning & alternative use

IB · Sanford, ME
Zoning description

Industrial Business Zone (IB). A. Purpose. The purpose of the Industrial Business (IB) Zone is to provide areas for traditional industrial and business park development in a well-planned environment where public water su…

General category INDUSTRIAL

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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