3 Medical Ctr Dr Biddeford, ME 04005-9422
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Dr. James W. Georgitis, MD Physician
Medical Zone (M): Allows for hospitals and medical offices or other uses associated with medical facilities or occupations. j. Shoreland Zones (RP-1, RP, LR, GDI, GDII, CFMA, and LC): See Article XIV (Shoreland Zoning) for descriptions. [Amended 2-2-2010 by Ord. No. 2009.98 ] k. Contract/Conditional Use Zones (CZ #): Zones created by contract or agreement be…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
M · Biddeford, MEMedical Zone (M): Allows for hospitals and medical offices or other uses associated with medical facilities or occupations. j. Shoreland Zones (RP-1, RP, LR, GDI, GDII, CFMA, and LC): See Article XIV (Shoreland Zoning) for descriptions. [Amended 2-2-2010 by Ord. No. 2009.98 ] k. Contract/Conditional Use Zones (CZ #): Zones created by contract or agreement between a developer and the City Council, after review by the Planning Board. This zoning allows for uses not normally allowed within a specific district, because they have unique benefits to the general public or community. See Article V, Section 9 . Existing contract zones are listed as amendments to the Zoning Ordinance in Article XIII , Section 3 . [Amended 2-2-2010 by Ord. No. 2009.98 ] l. Institutional Zone (IN): The purpose of the Institutional Zone is to accommodate college and university uses while minimizing the adverse effects that such uses may have on the predominantly residentially zoned neighborhoods surrounding the institutional zone. All university uses or uses conducted by a college or university shall conform to an institutional master plan approved by the Planning Board in accordance with Article V, Section 11 of this Code. [Amended 2-2-2010 by Ord. No. 2009.98 ] m.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.