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    Property profile & analytics

    48 Alfred St Biddeford, ME 04005-2579

    • Investment properties
    • 4,928 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $1,905,000
    Last Sale
    Dec 02, 2022
    $1,600,000
    Location Intelligence
    Property ID
    US42-0217000
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 48 Alfred St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    4,928 SF
    Zone code
    MSRD1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    BIDD M:38 L:392
    APU
    BIDDM38L392

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,575,000
      6.5%
      $1,630,000
      7%
      $1,610,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,665,000
      Geo Method
      $1,350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,415,000
      Retail
      $1,540,000
      Mixed-Use
      $1,565,000
      Hospitality
      $1,475,000
      Educational
      $1,355,000
      Residential Income
      $1,660,000
      Energy
      $1,335,000
      Income-Based Land
      $1,730,000
      Food Service
      $1,555,000

    Location Insight

    • Map
    • Local Demand
    City
    Biddeford
    County
    York
    State
    Maine
    Longitude
    -70.4546
    Latitude
    43.492
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,186
    $153,200
    $242,100
    $395,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15,666 SF

      5 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 15,666 SF
      5 Washington St, Biddeford, ME 04005-2598
      View Details
    • Value Estimation by Request
      10,578 SF

      61 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,578 SF
      61 Main St, Biddeford, ME 04005-2667
      View Details
    • Value Estimation by Request
      0.07 Acres

      242 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.07 Acres
      242 Main St, Biddeford, ME 04005-2400
      View Details
    • Value Estimation
      $355,000
      4,131 SF

      13 Cres St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,131 SF
      13 Cres St, Biddeford, ME 04005-4523
      View Details
    • Value Estimation
      $380,000
      14,550 SF

      117 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,550 SF
      117 Main St, Biddeford, ME 04005-2530
      View Details
    • Value Estimation by Request
      4,640 SF

      137 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,640 SF
      137 Main St, Biddeford, ME 04005-2573
      View Details

    Similar Nearby for Sale

    • $440,000
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      Biddeford Redevelopment Project

      Seven-unit apartment building, prime location.
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    • $2,600,000
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      Mixed-Use Investment Property

      Mixed-use property with retail and residential units for sale.
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    • $1,400,000
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      Biddeford Mill Redevelopment Opportunity

      Mixed-use redevelopment opportunity in Biddeford's historic Pepperell Mill Campus.
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    • $2,395,000
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      Mixed-Use Property with Heated Warehouse

      Eight residential units plus a heated warehouse in Biddeford, Maine.
      276 Hill St, Biddeford, ME 04005
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    • New
      $1,200,000
      4,911 SF

      Income-Producing Property with Three Buildings

      Unique Biddeford property with rental cottage and office/warehouse.
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      Historic Mixed-Use Redevelopment Opportunity

      Historic Laconia Lodge in Biddeford primed for mixed-use redevelopment.
      25 Alfred St, Biddeford, ME 04005
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    Similar Nearby for Lease

    • $9 SF/Yr
      52,000 SF

      Biddeford Industrial Property

      52,000 SF Manufacturing/Warehouse
      20 Morin St, Biddeford, ME 04005
      View Details
    • $10 SF/Yr
      7,124 SF

      Biddeford Office Space For Lease

      Versatile Office & Warehouse Space Available
      7 Pomerleau St, Biddeford, ME 04005
      View Details
    • $15 SF/Yr
      2,100 SF

      Main Street Retail Space Available

      2,100 SF retail space in thriving downtown Biddeford.
      238 Main St, Biddeford, ME 04005
      View Details
    • $14 SF/Yr
      1,800 SF

      Retail Spaces for Lease

      Retail spaces available from 1,800 to 9,101± SF.
      380 Elm St, Biddeford, ME 04005
      View Details
    • $6 SF/Yr
      20,400 SF

      Biddeford Warehouse Space for Lease

      20,400± SF warehouse/storage space available for lease immediately.
      26 Morin St, Biddeford, ME 04005
      View Details
    • $25 SF/Yr
      1,800 SF

      Retail Space in Biddeford Shoppes

      1,800± SF retail suite in a high-traffic location.
      580 Alfred St, Biddeford, ME 04005
      View Details
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    48 Alfred St
    Biddeford, ME 04005-2579
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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