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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
50 Ocean Park Rd, Saco, ME 04072-4600
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0038654
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
1.25 ac (54,450 SF)
Zoning code
B-2C
APN
SACO M:034 L:013 U:000-000
UPID
US42-0038654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Penny L Howard · 1 yrs held
Penny L Howard
since 2024
Last sale
$509,900
7 recorded transactions
Zoning & alternative use
B-2C · Saco, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Saco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Sep 11 2024)
Last sale anchor
$510k
Sep 11 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,142
Tax year 2023
Assessed value
$348,600
Assessed 2023
Previous assessed
$348,600
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$205,300
Assessed improvement
$143,300
Applied tax rate
64,675.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Buildings
2
Units
1
Lot
1.25 ac (54,450 SF)
Zoning code
B-2C
APN
SACO M:034 L:013 U:000-000
UPID
US42-0038654
Jurisdiction
SACO
Zoning & alternative use
B-2C · Saco, ME
Zoning B-2C · permitted uses
B-2C · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Penny L Howard
Individual
Mailing address
178 DRAKESIDE RDUT205, HAMPTON, NH 03842-1835
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2024
$509,900
Penny L Howard
Mezco LLC
Warranty Deed
$433,415 · Cmg Mortgage INC
Aug 20, 2024
$509,900
Michael Flibbert
Mezco LLC
Warranty Deed
$259,900 · Androscoggin Bank
Jul 31, 2024
$485,000
Xuchu Zhang
Mezco LLC
Warranty Deed
$388,000 · Town & Country FCU
Jul 26, 2024
$505,000
Elizabeth M Doane
Mezco LLC
Warranty Deed
$216,000 · Cmg Mortgage INC
Jun 26, 2024
$489,900
Benjamin E Harwood
Mezco LLC
Warranty Deed
$465,405 · Cmg Mortgage INC
Jun 20, 2024
$475,000
Carly Chasse
Mezco LLC
Warranty Deed
$427,500 · Town & Country FCU
Jun 5, 2024
$480,000
Rahul Yeleti
Mezco LLC
Warranty Deed
$217,000 · Cmg Mortgage INC
May 18, 2023
—
Mezco LLC
Christopher F Collard
Warranty Deed
—
Nov 14, 2022
—
Christopher F Collard
Cdr
Warranty Deed
—
Apr 28, 2005
—
Karen A Tibbetts
—
Deed Of Trust
related
$65,000 · Fleet National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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