Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

24 Cole Rd Ste D Biddeford, ME 04005

OFF-MARKET
Office Spaces
Property ID
US42-0492571
2,850 SF 0.38 ac lot Built 1986
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This single-story, 3,252 square foot office building at 24 West Cole Road in Biddeford, Maine, presents a unique investment opportunity. Situated on a 0.4-acre lot, the property boasts a flexible layout suitable for traditional office, medical office, or coworking spaces. Built in 1986, the building features a single-phase, 100-amp electrical system. The zoning is designated as Medical, offering potential for a variety of healthcare-related businesses. The property's address is 24 W Cole…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value$179k
Assessed land$25k
Assessed improvement$154k
Effective rate1.31%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$117 – $259
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M
Medical Zone (M): Allows for hospitals and medical offices or other uses associated with medical facilities or occupations. j. Shoreland ...
General categoryCIVIC_INSTITUTIONAL
JurisdictionBIDDEFORD

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 agency14.6
HVAC Service9.8
Tailor Shop9.2

Location

24 Cole Rd Ste D Biddeford, ME 04005-9404
County assessor Recorded deeds · 1 transfer 10 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 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
409 Alfred, Biddeford, ME 04005-3756 $310,000 Aug 2024 1,628 SF
118 Alfred, Biddeford, ME 04005-2539 $475,000 Apr 2024 2,356 SF
460 Elm, Biddeford, ME 04005-4126 $650,000 Jan 2024 5,573 SF
2 Medical Ctr Dr, Biddeford, ME 04005-9400 $230,000 Jan 2024 1,088 SF
2 Wellspring, Biddeford, ME 04005-9401 $965,000 Dec 2023 3,262 SF
413 Alfred, Biddeford, ME 04005-3742 $167,500 Feb 2023 2,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24 Cole Rd Ste D?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again