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Property profile & analytics
OFF-MARKET
Estimated value
$1,705,000
Commercial real estate
30 Spg Hl Rd Saco, ME 04072-9651
Individually Owned
~
Est. High Equity
Property ID
US42-0479559
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Construction
STEEL FRAME
Total area
9,550 SF
Lot
2.24 ac (97,574 SF)
Zoning code
I-1
APN
SACO M:059 L:028 U:000-000
UPID
US42-0479559
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
-
Lifeskills Learning Center Child Welfare Organization Charitable Organization
-
Tab Office Systems Furniture & Home Goods
-
Finish Forward Dogs Animal Training
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.71M
Owner & transaction history
Gregory S Patterson
Gregory S Patterson
since 2025
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
I-1 · Saco, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+0.2%
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 Saco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saco 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,975,000
6.5%
$1,825,000
7%
$1,695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,650,000
Current use
RETAIL STORES
$2,655,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$1.71M
Range $1.53M – $1.88M · ±10% · vs last sale $1.60M (Aug 3 2025)
Last sale anchor
$1.60M
Aug 3 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / SF
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 2022Property tax & assessments
Tax year 2022
Tax billed
$11,561
Tax year 2022
Assessed value
$630,700
Assessed 2022
Previous assessed
$630,700
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$81,800
Assessed improvement
$548,900
Applied tax rate
64,675.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Total area
9,550 SF
Lot
2.24 ac (97,574 SF)
Zoning code
I-1
APN
SACO M:059 L:028 U:000-000
UPID
US42-0479559
Jurisdiction
SACO
Zoning & alternative use
I-1 · Saco, ME
Zoning I-1 · permitted uses
I-1 · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Lot
2.24 ac
Current owner
From public records · entity-resolved
Gregory S Patterson
Individual
Mailing address
1293 MAIN ST, SANFORD, ME 04073-3695
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
—
Gregory S Patterson
The Patterson Companies L
Deed
—
Nov 3, 2025
$1,600,000
30 Spring Hill Road LLC
Mark I Patterson
Deed
$1,268,000 · Haverhill Bank
Oct 11, 2019
—
Patterson Co
5 Spring Hill Drive LLC
Quit Claim Deed
related
—
Sep 19, 2014
—
5 Spring Hill Drive LLC
—
Grant Deed
related
$438,750 · Biddeford Svgs Bk
Aug 28, 2009
—
5 Spring Hill Drive LLC
—
Deed Of Trust
related
$516,000 · Ocean Bank
Jan 24, 2006
—
5 Spring Hill Drive LLC
—
Deed Of Trust
related
$50,000 · Kennebunk Savings Bank
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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