Property profile

584 Alfred St Biddeford, ME 04005

FOR LEASE
Commercial land
Property ID
US42-0181807
3 ac lot
Individually Owned 19-yr Hold Absentee Owner
Saved · see the list in your Dashboard
No photos on file
For Lease
Contact for pricing
584 Alfred St, Biddeford, ME 04005
View Listing →

Property summary

AI-generated overview

This exceptional 1.43-acre commercial pad site, located at 584 Alfred Street in Biddeford, Maine, presents a unique opportunity for retail development or lease. Zoned B2 - Business Highway, this property boasts unparalleled visibility and accessibility. Situated conveniently near the intersection of a well-lit access easement through the Biddeford Shoppes, the site benefits from high traffic counts and proximity to established businesses such as Dunkin', Firehouse Subs, Five Guys, Mattress Firm, and more within the Biddeford Shoppes. Across the street lies the prominent Biddeford Crossing, anchored by Market Basket and Target, further enhancing the site's desirability. The property offers easy access to Interstate 95 via Exit 32, ensuring convenient access for customers and employees. This single-tenant pad site is ideal for a variety of retail uses and presents a compelling investment opportunity in a thriving commercial area. The lot size is 1.43 acres, and the property is classified as Retail and Land. The property is located in York County, Maine, with a zip code of 04005. This prime location offers significant potential for growth and success.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3 ac (130,680 SF)
Zoning code B2
APN BIDD M:2 L:23
UPID US42-0181807

Cap rate & NOI

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

Location

584 Alfred St Biddeford, ME 04005
Biddeford metro Census 25100 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2007
1 recorded transaction
2007
Price N/A

Zoning & alternative use

B2 · Biddeford, ME
Zoning description

The B2 is highway-oriented commercial area, Residential development is prohibited from this zone

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message