Property profile

2 Medical Ctr Dr 1 Biddeford, ME 04005

OFF-MARKET
Office Spaces
Property ID
US42-0252048
1,088 SF 0.2 ac lot Built 1980
Individually Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1980
Total area 1,088 SF
Lot 0.2 ac (8,712 SF)
Zoning code M
APN BIDD M:2 L:56-4
UPID US42-0252048

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
  • Dental Office
  • Dental Office
  • Physician
  • Physician
  • Ophthalmologist (Bike/Boat/Book/etc) Store

Location

2 Medical Ctr Dr, Unit 1 Biddeford, ME 04005-9400
Biddeford metro Census 25100 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

Zoning & alternative use

M · Biddeford, ME
Zoning description

Medical Zone (M): Allows for hospitals and medical offices or other uses associated with medical facilities or occupations. j. Shoreland Zones (RP-1, RP, LR, GDI, GDII, CFMA, and LC): See Article XIV (Shoreland Zoning) f…

General category CIVIC_INSTITUTIONAL

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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