Technical
Financial
Distress signals
Property profile

194 Grand Ave Old Orchard Beach, ME 04064

OFF-MARKET
Investment properties
Property ID
US42-0336405
5,200 SF 3.45 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1999
Construction FRAME
Total area 5,200 SF
Lot 3.45 ac (150,079 SF)
Zoning code BRD
APN OOBH M:202 B:3 L:2
UPID US42-0336405

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 Bed & Breakfast

Location

194 Grand Ave Old Orchard Beach, ME 04064-3012
Old Orchard Beach metro Census 6104 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
$995k
Comparable Approach Comparable
$997k
Blend (final) Blend
$850k

Owner & transaction history

Zoning & alternative use

BRD · Old Orchard Beach, ME
Zoning description

Zone: BRD, VE Flood Zone, LC, Frontal Dune Acting Chair Ethan Scott introduced Item 3, and asked if there were a representative here tonight. Brad Pineau, design engineer for Gorrill Palmer, the Applicant, then addressed…

General category RESIDENTIAL

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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