34 Arundel Rd Arundel, ME 04046-7549
Property profile & analytics
34 Arundel Rd Arundel, ME 04046-7549
- Investment properties
- 6,900 SF
- 2.54 lot acres
Property ID
US42-0471387
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.
Location Intelligence
Current Use by Public Records
- Investment properties
Property Details for 34 Arundel Rd
- Lot size
- 2.54 lot acres
- Property size
- 6,900 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- ARUN M:039 L:015
- APU
- ARUNM039L015
Description
This exceptional mixed-use property in Kennebunkport, Maine, presents a compelling investment opportunity. Located at 34 Arundel Rd, this 2.54-acre site features two buildings totaling over 12,800 square feet. The main building, a four-story structure (6,900 square feet above grade plus a 2,640 square foot partially finished basement with walk-out stairways), currently houses a daycare on the first floor, leaving significant potential for expansion on the upper floors and basement. A detailed floor plan for six apartments exists, and zoning permits up to ten units, allowing for conversion to a ten-unit condo complex or an office building. The second building offers 5,936 square feet of living space, currently configured as four three-bedroom loft-style apartments, each with a one-car garage. Both buildings are fully sprinklered and offer ample parking for 42 vehicles. Current leases are below market rate, presenting immediate opportunities to increase income. The property enjoys a highly desirable location, just three minutes from Kennebunkport's Dock Square and beaches. The seller will contribute towards buyer's closing costs. This property is well-maintained and offers many options for the creative investor, including a restaurant, office space, or a combination of uses. The APN is 34ArundelRdArundel04046, and the property is zoned TCD. Built in 1996, this property offers a blend of existing income and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,430,000
- 6.5%
- $1,320,000
- 7%
- $1,225,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $785,000
Market price range: $488k - $1.52M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Arundel
- County
- York
- State
- Maine
- Longitude
- -70.4801
- Latitude
- 43.3802
- 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
$13,025
$59,100
$707,100
$766,200
-
$0.00
$0.00
$0.00
