43 Proctor Rd Biddeford, ME 04005-6401
Rural-Farm Zone (R-F): Allows for agricultural and residential uses, and under special circumstances some commercial uses. h. Limited Rural-Farm Zone (LR-F): Area limited to nonresidential uses, such as recycling, open space, some agricultural uses, extractive operations. i. Medical Zone (M): Allows for hospitals and medical offices or other uses associated…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RF · Biddeford, MERural-Farm Zone (R-F): Allows for agricultural and residential uses, and under special circumstances some commercial uses. h. Limited Rural-Farm Zone (LR-F): Area limited to nonresidential uses, such as recycling, open space, some agricultural uses, extractive operations. i. Medical Zone (M): Allows for hospitals and medical offices or other uses associated with medical facilities or occupations. j. Shoreland Zones (RP-1, RP, LR, GDI, GDII, CFMA, and LC): See Article XIV (Shoreland Zoning) for descriptions. [Amended 2-2-2010 by Ord. No. 2009.98 ] k. Contract/Conditional Use Zones (CZ #): Zones created by contract or agreement between a developer and the City Council, after review by the Planning Board. This zoning allows for uses not normally allowed within a specific district, because they have unique benefits to the general public or community. See Article V, Section 9 . Existing contract zones are listed as amendments to the Zoning Ordinance in Article XIII , Section 3 . [Amended 2-2-2010 by Ord. No. 2009.98 ] l. Institutional Zone (IN): The purpose of the Institutional Zone is to accommodate college and university uses while minimizing the adverse effects that such uses may have on the predominantly residentially zoned neighborhoods surrounding the institutional zone. All university uses or uses conducted by a college or university shall conform to an institutional master plan approved by the Planning Board in accordance with Article V, Section 11 of this Code. [Amended 2-2-2010 by Ord. No. 2009.98 ] m.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.