Property profile

198 Grand Ave Old Orchard Beach, ME 04064

OFF-MARKET
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Property ID
US42-0151099
46,250 SF 2.14 ac Built 1925
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$70k
Tax billed · 2023
Assessed value$6.13M
Assessed land$2.99M
Assessed improvement$3.14M
Effective rate1.14%

Value estimate

· Nov 2026
$6.10M
$5.49M – $6.70M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$342/SF
County average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$203 – $508

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RBD
Residential Beachfront District (RBD) Sec. 78-1001. - Location; purpose. The residential beachfront district shall extend from the entire...
General categoryRESIDENTIAL
JurisdictionOLD ORCHARD BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.8
Auto Repair Shop8.6
Auto Parts Store8.4

Location

198 Grand Ave Old Orchard Beach, ME 04064-3066
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
38 Grand, Old Orchard Beach, ME 04064-2810 $16,955 May 2025 8,950 SF
8 Traynor, Old Orchard Beach, ME 04064-2918 $2,150,000 Feb 2024 8,088 SF
30 Grand, Old Orchard Beach, ME 04064-2624 $6,150,000 May 2023 18,903 SF
1 Roussin, Old Orchard Beach, ME 04064-2910 $1,396,500 Mar 2023 12,000 SF
203 Grand, Old Orchard Beach, ME 04064-3017 $4,700,000 Feb 2023 15,531 SF
57 Grand, Old Orchard Beach, ME 04064-2645 $1,835,000 Mar 2022 12,220 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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