Financial
Distress signals
Property profile

23 Bridgton Rd Westbrook, ME 04092

FOR LEASE
Retail properties & Spaces
Property ID
US42-0258713
7,000 SF 0.77 ac lot Built 1988
Last sale Apr 2022 · $1,149,120
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional commercial property at 23 Bridgton Road in Westbrook, Maine, offers 7,000 square feet of traditional office space within a well-maintained, free-standing building. Constructed in 1988, this two-story Class B building sits on a 0.77-acre lot (APN 016/005) and is zoned HS Highway Service. Currently, there are multiple suites available, ranging from 650 to 1,450 square feet, ideal for a variety of businesses. The property boasts a highly visible location just off the Portland

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$686k
Assessed land$245k
Assessed improvement$441k
Effective rate1.67%

Value estimate

· Sep 2026
$1.33M
$1.20M – $1.46M
AI approach$1.28M
CAP approach$1.13M
Sales comparison$1.18M
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$4k
Operating expenses−$7k
NOI · 906.67% cap applied$20k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$190/SF
County average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$118 – $287
Qualifying comparables5

Cap rate analysis

How does the asset earn?
906.67%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
18
JurisdictionWESTBROOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.5
Dental Office17.0
Law Firm16.2

Location

23 Bridgton Rd Westbrook, ME 04092
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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