Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2 Scott Dyer Rd Cape Elizabeth, ME 04107-2017

    • Office buildings
    • 3,311 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US42-0089161
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 2 Scott Dyer Rd

    Year built
    1950
    Lot size
    0.30 lot acres
    Property size
    3,311 SF
    Zone code
    TC
    Property type
    Office buildings
    APN
    CAPE U21011000000
    APU
    CAPEU21011000000

    Description

    This exceptional mixed-use property, located at 2 Scott Dyer Road in Cape Elizabeth, Maine, presents a unique investment opportunity. The 4,000 square foot building, constructed in 1950, sits on a 0.3-acre lot (APN: Map U21 Lot 11) and features a desirable blend of commercial and residential space. The two-story structure comprises four units: two commercial units and two residential units, all boasting hardwood floors and quality construction. The property benefits from ample on-site parking, a significant advantage in this highly sought-after location. Its corner lot placement ensures exceptional visibility, making it ideal for a variety of businesses. The permitted zoning is commercial, offering flexibility for future development or adaptation. This multi-unit building is situated in Cumberland County, Maine, zip code 04107, and is conveniently located in Cape Elizabeth. The property's strong rental history and prime location make it an attractive investment for both seasoned and new investors seeking a stable and potentially high-return asset. The asking price is $949,900. This is a rare opportunity to acquire a well-maintained, mixed-use property in a thriving Maine coastal community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $405,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $445,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $430,000
      Mixed-Use
      $480,000
      Hospitality
      $435,000
      Educational
      $365,000
      Residential Income
      $475,000
      Energy
      $395,000
      Income-Based Land
      $425,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Cape Elizabeth
    County
    Cumberland
    State
    Maine
    Longitude
    -70.229
    Latitude
    43.5962
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,240
    $294,100
    $343,300
    $637,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,121 SF

      553 Shr Rd

      OFFICE BUILDING • 2,121 SF
      553 Shr Rd, Cape Elizabeth, ME 04107-1010
      View Details
    • Value Estimation by Request
      3,040 SF

      545 Shr Rd

      OFFICE BUILDING • 3,040 SF
      545 Shr Rd, Cape Elizabeth, ME 04107-1010
      View Details
    • Value Estimation
      $375,000
      3,764 SF

      535 Shr Rd

      OFFICE BUILDING • 3,764 SF
      535 Shr Rd, Cape Elizabeth, ME 04107-1010
      View Details
    • Value Estimation by Request
      4,472 SF

      207 Ocean House Rd

      OFFICE BUILDING • 4,472 SF
      207 Ocean House Rd, Cape Elizabeth, ME 04107-2010
      View Details
    • Value Estimation
      $1,770,000
      10,450 SF

      2 Davis Pt Ln

      OFFICE BUILDING • 10,450 SF
      2 Davis Pt Ln, Cape Elizabeth, ME 04107-2620
      View Details
    • Value Estimation
      $380,000
      1,331 SF

      295 Ocean House Rd

      OFFICE BUILDING • 1,331 SF
      295 Ocean House Rd, Cape Elizabeth, ME 04107-2432
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2 Scott Dyer Rd
    Cape Elizabeth, ME 04107-2017
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.