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Property profile & analytics
OFF-MARKET Estimated value $640,000
Commercial real estate

3 Cp Comfort Ave Old Orchard Beach, ME 04064-2612

4,304 SF 0.21 ac lot Built 1890
Individually Owned 8-yr Hold ~ Est. High Equity
Property ID
US42-0232272
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1890
Total area 4,304 SF
Lot 0.21 ac (8,973 SF)
Zoning code BRD
APN OOBH M:313 B:3 L:2
UPID US42-0232272
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Point Of View Inn Hotel & Motel Bed & Breakfast
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
$820k
Comparable Approach Comparable
$449k
Blend (final) Blend
$640k
Owner & transaction history
Sterling A Morse · 8 yrs held
Sterling A Morse
since 2018
7 recorded transactions
2018
Price N/A
2016
Price N/A
2012
Price N/A
2011
Price N/A
2010
Price N/A
2007
Price N/A
2006
Price N/A
Zoning & alternative use
BRD · Old Orchard Beach, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Zone: BRD, VE Flood Zone, LC, Frontal Dune Acting Chair Ethan Scott introduced Item 3, and asked if there were a representative here tonight. Brad Pineau, design engineer for Gorrill Palmer, the Applicant, then addressed the Board via a Zoom call. Brad explained that the existing structure is partially in the V-Flood zone so the proposal is to move the struc…

Zone name Beachfront Resort District
General category RESIDENTIAL
Zone area 104.65 ac
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