Property profile

502 Main St Gorham, ME 04038

OFF-MARKET
Office buildings
Property ID
US42-0174800
3,231 SF 1.7 ac lot Built 1956
Entity Owned 18-yr Hold
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1956
Construction FRAME
Total area 3,231 SF
Lot 1.7 ac (74,052 SF)
Zoning code CO
APN GRHM M:031 B:001 L:000
UPID US42-0174800

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Health Care Service Home Help

Location

502 Main St Gorham, ME 04038-1334
Gorham metro Census 4001 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$760k
Comparable Approach Comparable
$813k
Blend (final) Blend
$350k

Owner & transaction history

since 2008
2 recorded transactions
2019
Price N/A
2008
Price N/A

Zoning & alternative use

CO · Gorham, ME
Top alternative use upside
Commercial (general) $730,000 +16.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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