Technical
Financial
Distress signals
Property profile

24 Portland Rd Kennebunk, ME 04043

OFF-MARKET
Office buildings
Property ID
US42-0005764
1,763 SF 0.59 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Construction FRAME
Total area 1,763 SF
Lot 0.59 ac (25,700 SF)
APN KENB M:043 L:061
UPID US42-0005764

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Hair Salon Nail Salon
  • Physician Medical Clinic
  • Physician

Location

24 Portland Rd Kennebunk, ME 04043-6747
Kennebunk metro Census 28003 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$475k
Comparable Approach Comparable
$456k
Blend (final) Blend
$800k

Owner & transaction history

since 2022
Last sale
$628,000
4 recorded transactions
2022
$628,000
2016
Price N/A
2008
Price N/A
2006
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $490,000 +43.5%
Commercial (general) $490,000 +43.2%

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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