Individually Owned Property summary
AI-generated overview
This exceptional 5,775 square foot retail property presents a prime opportunity for a discerning tenant. Situated on a highly visible 0.86-acre corner lot at a signalized intersection, this single-story building boasts over 300 feet of combined frontage on Maine Mall Road and Gorham Road. Benefit from exceptional daily traffic counts exceeding 30,000 vehicles (AADT), ensuring maximum exposure for your business. Conveniently located adjacent to The Maine Mall and just minutes from the Portland Jetport, this location offers unparalleled accessibility and high foot traffic. Built in 1992, the property is zoned CCR - Central & Regional Commercial District (APN: 074/B/005, Cumberland County). The property features easy access to both I-95 and I-295, providing seamless connectivity for customers and employees. A ground lease option is also available. Inquire for lease rate details. This is a single-suite building offering a versatile space perfect for a variety of retail or restaurant concepts.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,775 SF
Lot
0.86 ac (37,462 SF)
Zoning code
MM
APN
SPOR M:074-B L:005-B
UPID
US42-0288629
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$840k
Owner & transaction history
since 2025
2 recorded transactions
Zoning & alternative use
MM · South Portland, ME
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$840k
Value range
$756k – $924k
±10% around blend
Estimated value / SF
$145 / SF
Confidence
Property data
100
Comparable evidence
60
$756k
blend $840k
$924k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,775 SF
Lot area
0.86 ac
Year built
1992
Stories
1
APN
SPOR M:074-B L:005-B
Zoning
MM
Assessed value
$2,659,900
Annual tax
$37,611
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.10M
Range $451k – $1.10M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$840k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.66M
Move the market yield to see immediate price impact.
Value / SF
$461
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$168k
$3.35M
$2.39M
$1.86M
$186k
$3.72M
$2.66M
$2.07M
$205k
$4.10M
$2.93M
$2.28M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,611
Tax year 2023
Assessed value
$2,659,900
Assessed 2023
Previous assessed
$2,659,900
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,854,400
Assessed improvement
$805,500
Applied tax rate
71,990.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
5,775 SF
Lot
0.86 ac (37,462 SF)
Zoning code
MM
APN
SPOR M:074-B L:005-B
UPID
US42-0288629
Jurisdiction
SOUTH PORTLAND
Zoning & alternative use
MM · South Portland, MEZoning MM · permitted uses
MM · South Portland, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.86 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MM
Jurisdiction
South Portland, ME
Recorded code
MM
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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