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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Auto shops
631 Elm St Biddeford, ME 04005-4406
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0152952
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,984 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I1
APN
BIDD M:15 L:7-2
UPID
US42-0152952
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
Current use
Occupant on record · Public records
-
Moody's Collision Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$850k
Owner & transaction history
Real Estate Holdings LLC · 6 yrs held
Real Estate Holdings LLC
since 2020
5 recorded transactions
Zoning & alternative use
I1 · Biddeford, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The I1 district allows for general commercial and industrial uses
Zone name
General Industrial Zone
General category
INDUSTRIAL
Zone area
630.11 ac
Source
Realmo
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 Biddeford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Biddeford 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
by Request
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10%
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
$45 / SF
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
$18,325
Tax year 2023
Assessed value
$1,396,700
Assessed 2023
Previous assessed
$926,300
+50.8% YoY
Effective rate
1.31%
On assessed value
Assessed land
$146,200
Assessed improvement
$1,250,500
Applied tax rate
4,860.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
18,984 SF
Lot
3.24 ac (141,134 SF)
Zoning code
I1
APN
BIDD M:15 L:7-2
UPID
US42-0152952
Jurisdiction
BIDDEFORD
Zoning & alternative use
I1 · Biddeford, MEZoning I1 · permitted uses
I1 · Biddeford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The I1 district allows for general commercial and industrial uses
Zone name
General Industrial Zone
General category
INDUSTRIAL
Zone area
630.11 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
3.24 ac
Current owner
From public records · entity-resolved
Real Estate Holdings LLC
Entity
Mailing address
200 NARRAGANSETT ST, GORHAM, ME 04038-2050
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2020
—
Real Estate Holdings LLC
—
Deed
related
$1,800,000 · Norway Savings Bank
Dec 18, 2019
—
Real Est Hldgs LLC
—
Deed
related
$550,000 · Norway Svgs Bk
Jun 12, 2017
—
Real Estate Holdings LLC
—
Deed
related
$150,000 · Norway Savings Bank
—
—
Real Est Hldgs LLC
—
Deed Of Trust
related
$550,000 · Norway Svgs Bk
—
—
Real Estate Holdings LLC
—
Deed Of Trust
related
$150,000 · Norway Svgs Bk
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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