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Property profile

408 Broadway South Portland, ME 04106

OFF-MARKET
Showrooms
Property ID
US42-0093411
2,201 SF 0.25 ac lot Built 1950
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A free-standing, two-story multi-use building located at 408 Broadway in South Portland, situated on a corner lot. The property contains approximately 2,400± square feet of total interior space and features open floor plan layouts on both levels, supporting flexible office and multi-use configurations. The design is arranged to allow straightforward circulation and tenant flow within the open setup, and the site includes on-site parking for visitors and day-to-day operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$417k
Assessed land$203k
Assessed improvement$215k
Effective rate1.41%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$310k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$216/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$107 – $297
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MHC
JurisdictionSOUTH PORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.2
Parking Facility12.1
HVAC Service11.3

Location

408 Broadway South Portland, ME 04106-2915
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
333 Broadway, South Portland, ME 04106-2907 $800,000 Nov 2024 1,288 SF
434 Western, South Portland, ME 04106-1704 $950,000 Jan 2024 1,632 SF
65 Wallace, South Portland, ME 04106-6143 $725,000 Mar 2023 9,180 SF
26 Robinson, South Portland, ME 04106-4344 $780,000 Nov 2022 3,275 SF
48 Bowdoin, South Portland, ME 04106-5605 $400,000 Feb 2022 1,272 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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