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

    2224 Portland Rd Arundel, ME 04046-7930

    • Auto shops
    • 1,200 SF
    • 2.05 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US42-0906210
    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

    • Auto shops

    Property Details for 2224 Portland Rd

    Year built
    1985
    Construction
    STEEL FRAME
    Lot size
    2.05 lot acres
    Property size
    1,200 SF
    Property type
    Auto shops
    APN
    ARUN M:012 L:008A
    APU
    ARUNM012L008A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $265,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $245,000
      Mixed-Use
      $250,000
      Hospitality
      $235,000
      Educational
      $260,000
      Residential Income
      $265,000
      Energy
      $285,000
      Income-Based Land
      $250,000
      Food Service
      $320,000

    Location Insight

    • Map
    • Local Demand
    City
    Arundel
    County
    York
    State
    Maine
    Longitude
    -70.5046
    Latitude
    43.4418
    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
    $3,067
    $114,500
    $65,900
    $180,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $345,000
      5,000 SF

      2239 Portland Rd

      AUTO REPAIR, GARAGE • 5,000 SF
      2239 Portland Rd, Arundel, ME 04046-7945
      View Details
    • Value Estimation
      $365,000
      3,840 SF

      19 Enterprise Dr

      AUTO REPAIR, GARAGE • 3,840 SF
      19 Enterprise Dr, Arundel, ME 04046-7978
      View Details
    • Value Estimation
      $380,000
      7,960 SF

      1632 Portland Rd

      AUTO REPAIR, GARAGE • 7,960 SF
      1632 Portland Rd, Arundel, ME 04046-8108
      View Details
    • Value Estimation
      $345,000
      3,000 SF

      687 Alfred Rd

      AUTO REPAIR, GARAGE • 3,000 SF
      687 Alfred Rd, Arundel, ME 04046-8714
      View Details
    • Value Estimation
      $335,000
      2,000 SF

      2204 Portland Rd

      AUTO REPAIR, GARAGE • 2,000 SF
      2204 Portland Rd, Arundel, ME 04046-7930
      View Details
    • Value Estimation
      $260,000
      3,120 SF

      2218 Portland Rd

      AUTO REPAIR, GARAGE • 3,120 SF
      2218 Portland Rd, Arundel, ME 04046-7930
      View Details

    Similar Nearby for Sale

    • $1,625,000
      612 SF

      42 Langsford Rd, Kennebunkport, ME 04046

      Retail properties • 612 SF
      42 Langsford Rd, Kennebunkport, ME 04046
      View Details
    • $625,000
      965 SF

      Retail Condo in Dock Square

      Retail condo in Kennebunkport with high foot traffic.
      28-48 Dock Sq, Kennebunkport, ME 04046
      View Details
    • $1,495,000
      1,661 SF

      Kennebunkport Retail Gem on Ocean Ave

      Prime Dock Square location, high traffic, investment opportunity.
      6 Ocean Ave, Kennebunkport, ME 04046
      View Details
    • $549,000
      1,857 SF

      Arundel Mixed-Use Income Property

      Residential/commercial property in high-traffic area with excellent visibility.
      208 New Rd, Arundel, ME 04046
      View Details
    • $2,100,000
      9,938 SF

      Restaurant with Apartments on Route One

      Fully operational restaurant with two apartments on a 2-acre lot.
      1200 Portland Rd, Arundel, ME 04046
      View Details
    • $925,000
      12.00 Acres

      Arundel Commercial Land Investment

      High-traffic Route 1 location, 12 acres.
      1903 Portland Rd, Arundel, ME 04046
      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.
    2224 Portland Rd
    Arundel, ME 04046-7930
    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.