Property profile

400 Us Rte 1st 1 Falmouth, ME 04105

OFF-MARKET
Office buildings
Property ID
US42-0091294
14,190 SF 3.3 ac lot Built 1989
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,190 SF
Lot 3.3 ac (143,748 SF)
Zoning code BP
APN FMTH M:U62 B:003
UPID US42-0091294

Cap rate & NOI

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

Location

400 Us Rte 1st 1 Falmouth, ME 04105-1386
Falmouth metro Census 2501 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
$2.27M
Blend (final) Blend
$1.92M

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2018
Price N/A
2014
Price N/A

Zoning & alternative use

BP · Falmouth, ME
Zoning description

This zoning district is intended to include business and professional offices, art and craft studios, tradesman's offices, restaurant, restaurant, carry-out, museums, bed and breakfast establishments, single family detac…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Commercial (general) $3.1M +17.6%
Retail stores $2.9M +10.6%

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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