Property profile

407 Alfred St 11 Biddeford, ME 04005

OFF-MARKET
Office Spaces
Property ID
US42-0325152
4,448 SF 0.34 ac lot Built 1985
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1985
Total area 4,448 SF
Lot 0.34 ac (14,810 SF)
Zoning code B2
APN BIDD M:20 L:24-11
UPID US42-0325152

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
  • Nursing Home Social Service Agency
  • Law Firm
  • Alternative Medicine Practice Spa & Massage Center

Location

407 Alfred St, Unit 11 Biddeford, ME 04005-3760
Biddeford metro Census 25100 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2011
3 recorded transactions
2011
Price N/A
2007
Price N/A
2006
Price N/A

Zoning & alternative use

B2 · Biddeford, ME
Zoning description

The B2 is highway-oriented commercial area, Residential development is prohibited from this zone

General category COMMERCIAL

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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