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Property profile

482 Payne Rd Scarborough, ME 04074

FOR SALE
Office buildings
Property ID
US42-0267820
38,992 SF 2.25 ac lot Built 1989
Last sale May 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office building located at 482 Payne Rd in Scarborough, Maine, configured to provide dedicated indoor work areas suitable for professional and business uses rather than retail or industrial operations. It is designed for use as office space that can support either owner-occupancy or office leasing, depending on how the interior areas are arranged and how the available building systems support the needs of a specific organization. The description does not specify building…

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?
$63k
Tax billed · 2023
Assessed value$3.93M
Assessed land$1.09M
Assessed improvement$2.84M
Effective rate1.60%

Value estimate

· Oct 2026
$4.95M
$4.45M – $5.44M
Submarket $/SF estimate$5.93M
NOI build-up
Gross scheduled income$847k
Vacancy & credit loss−$107k
Operating expenses−$185k
NOI · 6.98% cap applied$555k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$129 – $261

Cap rate analysis

How does the asset earn?
6.98%
$555k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
22
JurisdictionSCARBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.7
Garden Center8.4
Storage Facility8.4

Location

482 Payne Rd Scarborough, ME 04074
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

4 recorded sales · 13 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
66 Mussey, Scarborough, ME 04074-8921 $1,542,213 May 2025 9,870 SF
253 Us Rte 1st, Scarborough, ME 04074-9525 $1,590,000 Jul 2024 5,796 SF
4 Highland, Scarborough, ME 04074-9346 $630,000 Aug 2023 2,946 SF
260 Us Rte 1st, Scarborough, ME 04074-8905 $750,000 Jan 2023 5,544 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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