Property profile

38 Prospect St Biddeford, ME 04005

OFF-MARKET
Retail properties & Spaces
Property ID
US42-0253809
14,434 SF 0.76 ac lot Built 1912
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1912
Construction FRAME
Total area 14,434 SF
Lot 0.76 ac (33,106 SF)
Zoning code MSRD2
APN BIDD M:34 L:214
UPID US42-0253809

Cap rate & NOI

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

Location

38 Prospect St Biddeford, ME 04005-3530
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
$1.54M
Blend (final) Blend
$375k

Owner & transaction history

since 2014
1 recorded transaction
2014
Price N/A

Zoning & alternative use

MSRD2 · Biddeford, ME
Zoning description

MSRD-2: The residential conservation district where the intent is to provide for areas of medium density while preserving the residential and historical character of the existing buildings while still providing opportuni…

General category RESIDENTIAL

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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