Realmo Analytics

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Property profile

353 Pne Pt Rd Scarborough, ME 04074

OFF-MARKET
Turn key restaurants
Property ID
US42-0245493
11,799 SF 3.22 ac lot Built 1980
Last sale Dec 2007 · $540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Landing at Pine Point is a commercial event venue property totaling 11,799 square feet, located within walking distance of Pine Point Beach in Scarborough. The facility is configured for events and includes a dramatic oakwood stage, soaring cathedral ceilings, private suites, and a spacious stone patio, along with advanced sound and lighting systems. It provides both indoor and outdoor event space, with flexibility for uses such as weddings, corporate functions, and performances. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$28k
Tax billed · 2023
Assessed value$1.77M
Assessed land$746k
Assessed improvement$1.02M
Effective rate1.60%

Value estimate

· Nov 2026
$875k
$788k – $963k
AI approach$595k
Submarket $/SF estimate$1.16M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
22
JurisdictionSCARBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.7
Electrical Service9.3
Garden Center8.9

Location

353 Pne Pt Rd Scarborough, ME 04074-9230
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
578 Us Rte 1st, Scarborough, ME 04074-6743 $1,100,000 Mar 2025 11,305 SF
424 Payne, Scarborough, ME 04074-9563 $2,400,000 Apr 2023 4,857 SF
224 Gorham, Scarborough, ME 04074-9504 $725,000 Jan 2023 4,960 SF
31 Washington, Scarborough, ME 04074-9782 $3,865,000 Dec 2022 30,000 SF
245 Us Rte 1st, Scarborough, ME 04074-9525 $1,600,000 Dec 2022 4,896 SF
700 Technology, Scarborough, ME 04074-7661 $1,750,000 Sep 2022 7,759 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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