Property profile

39 Wallace Ave South Portland, ME 04106

OFF-MARKET
Office buildings
Property ID
US42-0092317
18,740 SF 1.7 ac lot Built 1987
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,740 SF
Lot 1.7 ac (74,052 SF)
APN SPOR M:079-A L:013
UPID US42-0092317

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Physician
  • Employment Agency

Location

39 Wallace Ave South Portland, ME 04106-6143
South Portland metro Census 3300 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$2.16M

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2019
Price N/A
2016
Price N/A
2007
Price N/A
2007
Price N/A
2005
Price N/A

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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