Technical
Financial
Distress signals
Property profile

197 State Rd Kittery, ME 03904

OFF-MARKET
Commercial land
Property ID
US42-0568920
0.25 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 0.13-acre commercial land parcel zoned C-3, with 110.75 feet of frontage. It is situated in an area with established access to major highways, shopping centers, and nearby residential neighborhoods. The site is positioned along North State Road and Route 1 Bypass, where traffic counts reported as Annual Average Daily Traffic (AADT) include 3,752 on North State Road and 2,487 northbound and 1,936 southbound on Route 1 Bypass.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.25 ac (10,890 SF)
Zoning code C-3
APN KITT M:022 L:008
UPID US42-0568920

Cap rate & NOI

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

Location

197 State Rd Kittery, ME 03904-1517
Kittery metro Census 38002 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$50k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$50k

Owner & transaction history

since 2023
Last sale
$25,000
2 recorded transactions
2023
$25,000
2023
Price N/A

Zoning & alternative use

C-3 · Kittery, ME
Zoning description

Shoreland Overlay Zone OZ-SL - Commercial - 3 Zone (C-3). (1) Permitted uses. (a) Accessory buildings, structures, and uses. (b) Home occupation, major. (c) Home occupation, minor. (d) Aquaculture. (e) Recreation, public…

General category COMMERCIAL

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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