Technical
Financial
Distress signals
Property profile

217 2nd Lgts Rd Cape Elizabeth, ME 04107

OFF-MARKET
Investment properties
Property ID
US42-0524324
2,101 SF 0.34 ac lot Built 1965
Individually Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1965
Total area 2,101 SF
Lot 0.34 ac (14,810 SF)
Zoning code RA
APN CAPE U15025000000
UPID US42-0524324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

217 2nd Lgts Rd Cape Elizabeth, ME 04107-9515
Cape Elizabeth metro Census 3702 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2006
1 recorded transaction
2006
Price N/A

Zoning & alternative use

RA · Cape Elizabeth, ME
Zoning description

The purpose of this district is to allow residential development that is compatible with the character, scenic value, and traditional uses of rural lands and that does not impose an undue burden on the provision of munic…

General category RESIDENTIAL

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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