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Property profile & analytics

32 York St York, ME 03909-1309

  • Office Properties & Spaces
  • 2,548 SF
  • 0.69 lot acres
OFF-MARKET
Last Sale
Nov 12, 2021
Value Estimations
$685,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US42-0522343
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Psychiatry Associates of York Hospital / Psychiatric Hospital
  • Jennifer Keefe / Nurse Practitioner / Practitioner Service Location
  • Jill Colton-Spina / Nurse Practitioner / Registered General Nurse

Property Details for 32 York St

Year built
1992
Lot size
0.69 lot acres
Property size
2,548 SF
Zone code
RT1
Property type
Office Properties & Spaces
APN
YORK M:0048 B:0045 L:0001
APU
YORKM0048B0045L0001

Description

This exceptional single-tenant office building at 32 York Street in York, Maine, presents a compelling investment opportunity. The property, situated on a 1.38-acre lot, boasts a total of 5,094 square feet, with 2,248 square feet currently vacant. Built in 1992, this Class B building features a single story and offers ample parking with 14 spaces. The property is zoned RT1 and has a 200-amp power supply. The building's layout is ideal for a variety of uses, particularly executive or medical offices. The convenient location in York, Maine, offers easy access to local amenities and a strong regional economy. The property's single-tenant occupancy provides stability and potential for long-term growth. The substantial vacant space presents an excellent opportunity for expansion or lease to a new tenant. The property's features include a well-maintained structure, ample parking, and a desirable location. This is a rare opportunity to acquire a well-positioned office building in a thriving Maine community. The Assessor's Parcel Number (APN) is 31280_114-045, and the property is located in York County. The building's single-story design offers easy accessibility and efficient use of space. This property is ready for immediate occupancy or lease, making it an attractive investment for both owner-occupiers and investors seeking a strong return. The zip code is 03909.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $740,000
    6.5%
    $685,000
    7%
    $635,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $658,000
    Market price range: $297k - $659k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $495,000
    Current use
    RETAIL STORES
    $710,000
    Change: +43% Conversion: Moderate
    COMMERCIAL (GENERAL)
    $705,000
    Change: +43% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
York
County
York
State
Maine
Longitude
-70.6624
Latitude
43.1501
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,275
$273,500
$232,400
$505,900
-
$0.00
$0.00
$0.00
More about this property
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