Property profile

198 Saco Ave 5 Old Orchard Beach, ME 04064

OFF-MARKET
Office Spaces
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Property ID
US42-0220969
3,901 SF 0.08 ac Built 1987
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 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?
$3k
Tax billed · 2023
Assessed value$220k
Assessed land$73k
Assessed improvement$146k
Effective rate1.14%

Value estimate

· Nov 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$117 – $259
Qualifying comparables11

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?
GB-1
The GB-1 district is intended to accommodate commercial activities that are inappropriate to the downtown due to the compact settlement p...
General categoryMIXED_USE
JurisdictionOLD ORCHARD BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.0
Dental Office10.5
Realty agency9.3

Location

198 Saco Ave, Unit 5 Old Orchard Beach, ME 04064-1302
County assessor Recorded deeds · 1 transfer 11 qualifying comp sales 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
77 Saco, Old Orchard Beach, ME 04064-2145 $300,000 Mar 2022 1,464 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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