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Property profile & analytics
OFF-MARKET
Warehouses
3 Vallee Ln Old Orchard Beach, ME 04064-1077
Individually Owned
12-yr Hold
Free & Clear
Property ID
US42-0170311
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
STEEL FRAME
Total area
6,000 SF
Lot
2.71 ac (117,935 SF)
Zoning code
ID
APN
OOBH M:107 B:2 L:32
UPID
US42-0170311
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
-
Quality Floor Finishers Inc. - Warehouse Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Daniel F Colby · 12 yrs held
Daniel F Colby
since 2014
3 recorded transactions
Zoning & alternative use
ID · Old Orchard Beach, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
2 district is primarily designed to encourage conversion of existing residential structures to small office and retail operations that generate relatively lighter trip generation and parking demand. Industrial District (ID) Sec. 78-901. - Purpose. The industrial district (ID) is established as a zoning district where the principal use of the land is for manu…
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
179.67 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Old Orchard Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Orchard Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,277
Tax year 2023
Assessed value
$462,900
Assessed 2023
Previous assessed
$462,900
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$142,900
Assessed improvement
$320,000
Applied tax rate
55,085.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
1
Bathrooms
2
Total area
6,000 SF
Lot
2.71 ac (117,935 SF)
Zoning code
ID
APN
OOBH M:107 B:2 L:32
UPID
US42-0170311
Jurisdiction
OLD ORCHARD BEACH
Zoning & alternative use
ID · Old Orchard Beach, MEZoning ID · permitted uses
ID · Old Orchard Beach, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
2 district is primarily designed to encourage conversion of existing residential structures to small office and retail operations that generate relatively lighter trip generation and parking demand. Industrial District (ID) Sec. 78-901. - Purpose. The industrial district (ID) is established as a zoning district where the principal use of the land is for manufacturing, processing, treatment, research, warehousing, storage and distribution,
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
179.67 ac
Building & site characteristics
From public records
Year built
2001
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
1
Bathrooms
2
Lot
2.71 ac
Current owner
From public records · entity-resolved
Daniel F Colby
Individual
Free & Clear · 12 yrs held
Mailing address
PO BOX 510, OLD ORCHARD BEACH, ME 04064-0510
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2025
—
Bbi Properties LLC
—
Deed
related
$200,000 · Td Bank NA
Jun 2, 2014
—
Daniel F Colby
Bbi Properties LLC
Warranty Deed
related
—
Jan 11, 2005
—
Garland Realty Assoc LLC
—
Deed Of Trust
related
$320,000 · Td Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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