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Property profile & analytics
OFF-MARKET Estimated value $505,000
Auto shops

40 Blackstrap Rd Cumberland, ME 04021-3025

4,000 SF 15.5 ac lot Built 1987
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US42-0230547
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1987
Total area 4,000 SF
Lot 15.5 ac (675,180 SF)
Zoning code RR2
APN CMBL M:R07 L:60
UPID US42-0230547
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cumberland Salvage Inc Waste Management Facility Recycling Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
by Request
Comparable Approach Comparable
$651k
Blend (final) Blend
$505k
Owner & transaction history
Jerald E Copp JR · 8 yrs held
Jerald E Copp JR
since 2017
1 recorded transaction
2017
Price N/A
Zoning & alternative use
RR2 · Cumberland, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The following uses are allowed as special exceptions in the RR2 District, requiring the approval of the Board of Adjustment and Appeals: (a) Home occupations. (b) Home-based occupations. (c) Temporary sawmills, subject to the provisions of § 315-66 . (d) Uses and buildings accessory to those above. (3) The following lot standards apply in the RR2 District: (…

Zone name Rural Residential 2
General category RESIDENTIAL
Zone area 6,996.03 ac
Top alternative use upside
Office building $500,000 +5.7%
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