Technical
Financial
Distress signals
Property profile

425 Gorham Rd South Portland, ME 04106

OFF-MARKET
Car washes
Property ID
US42-0453555
4,004 SF 0.81 ac lot Built 2011
Entity Owned 20-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 2011
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,004 SF
Lot 0.81 ac (35,284 SF)
Zoning code Z
APN SPOR M:068 L:002-C
UPID US42-0453555

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
  • Car Wash
  • Gas Station

Location

425 Gorham Rd South Portland, ME 04106-2321
South Portland metro Census 3002 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$514k
Blend (final) Blend
$515k

Owner & transaction history

since 2006
2 recorded transactions
2006
Price N/A
2005
Price N/A

Zoning & alternative use

Z · South Portland, ME
Top alternative use upside
Commercial (general) $490,000 +40.4%
Office building $440,000 +26.6%
Retail stores $360,000 +4.2%

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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