Property profile

55 Grand Ave Old Orchard Beach, ME 04064

OFF-MARKET
Turn key restaurants
Saved · see the list in your Dashboard
Property ID
US42-0111706
6,293 SF 0.58 ac Built 1948
Last sale Jul 2026·$2,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$22k
Tax billed · 2023
Assessed value$1.91M
Assessed land$907k
Assessed improvement$1.00M
Effective rate1.14%

Value estimate

· Nov 2026
$1.04M
$936k – $1.14M
Submarket $/SF estimate$1.01M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$208/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$150 – $289

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

What can be built here?
DD-2
Downtown District-2 (DD-2) Sec. 78-746. - Purpose. The downtown district 2 (DD-2) represents a natural expansion of the DD-1 district int...
General categoryCOMMERCIAL
JurisdictionOLD ORCHARD BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.8
Dental Office12.4
Spa & Massage12.0

Location

55 Grand Ave Old Orchard Beach, ME 04064-2645
County assessor Recorded deeds · 3 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 · 9 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
23 Washington, Old Orchard Beach, ME 04064 $540,000 Jul 2025 1,528 SF
45 Grand, Old Orchard Beach, ME 04064-2831 $675,000 Apr 2023 3,255 SF
32 Grand, Old Orchard Beach, ME 04064-2810 $375,000 May 2022 3,384 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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 55 Grand Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved