Financial
Distress signals
Property profile

449 Frst Ave Portland, ME 04101

OFF-MARKET
Retail space
Property ID
US42-0277819
46,960 SF 3.57 ac lot Built 1977
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 449 Forest Ave, Portland, ME, 04101, in the heart of Cumberland County. The property, known as Forest Avenue Plaza, boasts a total of 46,960 square feet across two stories and was constructed in 1977. Currently, there is 5,390 square feet of vacant space available for lease, presenting a unique chance for expansion or new business establishment. One immediately available space comprises 990 square feet. Additionally, a 1,444 square foot

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$72k
Tax billed · 2023
Assessed value$4.98M
Assessed land$1.88M
Assessed improvement$3.10M
Effective rate1.44%

Value estimate

· Sep 2026
$4.75M
$4.27M – $5.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$203/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$126 – $317

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.0
Locksmith9.2
Tailor Shop8.8

Location

449 Frst Ave Portland, ME 04101-2029
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
648 Frst, Portland, ME 04101-1539 $1,125,000 Feb 2025 8,388 SF
164 Middle, Portland, ME 04101-4752 $5,200,000 Feb 2023 16,224 SF
366 Fore, Portland, ME 04101-5021 $5,936,920 Dec 2022 22,632 SF
44 Exchange, Portland, ME 04101-5018 $3,416,850 Sep 2022 21,593 SF
30 Exchange, Portland, ME 04101-5049 $2,480,000 Jun 2022 8,432 SF
498 Congress, Portland, ME 04101-3402 $152,250 Sep 2020 16,380 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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