Property profile

2 Lincoln Ave 8 Scarborough, ME 04074

FOR SALE
Other industrial properties
Saved · see the list in your Dashboard
Property ID
US42-0330854
2,000 SF 0.62 ac Built 2004
Last sale Jul 2024·$380,250
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
2 Lincoln Ave,Unit 8, Scarborough, ME 04074 For Sale
$425,000 2,000 SF
2 Lincoln Ave,Unit 8, Scarborough, ME 04074
View Listing

Property summary

AI-generated overview

Built in 2004, this end-unit flex space is configured as a commercial condominium with a broad central open area, two finished offices, three work rooms, and one half bathroom. The interior features 16-foot ceilings and a 12-foot garage/service door, supporting storage and use involving tall items and large vehicles. Heating and cooling are provided by heat pumps, with a gas-fired heater as backup. The unit includes a solar system and an EV charger. Located at 2 Lincoln Avenue #8 in Scarborough…

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 · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$353k
Assessed land$118k
Assessed improvement$234k
Effective rate1.09%

Value estimate

· Nov 2026
$380k
$342k – $418k
AI approach$380k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$676
Operating expenses−$5k
NOI · 3.01% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$150/SF
County average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$97 – $217

Cap rate analysis

How does the asset earn?
3.01%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
31
JurisdictionSCARBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.9
Electrical Service9.5
Law Firm9.3

Location

2 Lincoln Ave, Unit 8 Scarborough, ME 04074
County assessor Recorded deeds · 2 transfers 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16 Washington, Scarborough, ME 04074-8311 $4,800,000 Dec 2025 59,220 SF
10 Washington, Scarborough, ME 04074-8898 $800,000 Mar 2025 7,296 SF
3 Southgate Rd, Scarborough, ME 04074-5300 $325,000 Oct 2023 1,800 SF
9 Ginn, Scarborough, ME 04074-9567 $2,000,000 Jul 2023 8,688 SF
27 Washington, Scarborough, ME 04074-9782 $1,575,000 Oct 2022 9,191 SF
7 Border, Scarborough, ME 04074-9687 $1,625,000 Aug 2022 840 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
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved