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    2 Scott Dyer Rd Cape Elizabeth, ME 04107-2017
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    Property profile & analytics

    2 Scott Dyer Rd, Cape Elizabeth, ME 04107-2017

    View on Map

    • Office buildings
    • 3,311 SF
    • 0.30 lot acres
    Off-Market
    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.

    Value Estimations
    $635,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 2 Scott Dyer Rd

    Year built
    1950
    Lot size
    0.30 lot acres
    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $405,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $845,000
      6.5%
      $780,000
      7%
      $720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $828,000
      Market price range: $426k - $865k
      AI Estimate
      $537,000
      Market price range: $166k - $644k
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $640,000
      Current use
      COMMERCIAL (GENERAL)
      $750,000
      Change: +17% Conversion: Easy
      RETAIL STORES
      $625,000
      Change: -2% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    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
    More about this property
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