Property profile

349 Alfred St Biddeford, ME 04005

OFF-MARKET
Turn key restaurants
Property ID
US42-0218993
3,866 SF 1.04 ac lot Built 1986
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Construction FRAME
Total area 3,866 SF
Lot 1.04 ac (45,302 SF)
Zoning code B2
APN BIDD M:28 L:57
UPID US42-0218993

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

349 Alfred St Biddeford, ME 04005-3128
Biddeford metro Census 25205 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$676k
Blend (final) Blend
$730k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A

Zoning & alternative use

B2 · Biddeford, ME
Zoning description

The B2 is highway-oriented commercial area, Residential development is prohibited from this zone

General category COMMERCIAL
Top alternative use upside
Retail stores $1.1M +33.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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