Entity Owned Property summary
AI-generated overview
The property is a 13,942-square-foot office/flex building situated on 1.09 acres. It includes substantial building systems upgrades, including a solar power installation (40,000 kW), modernized HVAC and air exchange systems, and energy-efficient LED lighting. The layout includes parking for approximately 60 vehicles and provides configuration suitable for future expansion. The building is located in the Route 111 business corridor near Southern Maine Medical Center and is approximately a quarter mile from I-95 Exit 32.
Property profile
Verified
Property type
Other office properties
Use group
CONDOMINIUM OFFICES
Year built
1985
Total area
13,942 SF
Lot
1.09 ac (47,480 SF)
Zoning code
I3
APN
BIDD M:2 L:86-2
UPID
US42-0200293
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
-
Plumbing Service General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.63M
Blend (final)
Blend
$415k
Owner & transaction history
since 2005
1 recorded transaction
Zoning & alternative use
I3 · Biddeford, ME
Zoning description
Is a gateway zone for a major entrance to the City, as such, appearance of structures and properties is a major consideration in the Planning Boards review process, Land use proposals in this area must meet more stringen…
General category
INDUSTRIAL
Top alternative use upside
Restaurant
$2.9M
+7.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$415k
Value range
$374k – $457k
±10% around blend
Estimated value / SF
$30 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$374k
blend $415k
$457k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,942 SF
Lot area
1.09 ac
Year built
1985
Stories
2
APN
BIDD M:2 L:86-2
Zoning
I3
Assessed value
$672,900
Annual tax
$8,828
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.45M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.0 mi away · 16,473 SF
20.8 mi away · 11,948 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$415k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 59 sales
$194
-85%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $30/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+8%
vs current-use indication
Office Building · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$673k
Move the market yield to see immediate price impact.
Value / SF
$48
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$42k
$848k
$606k
$471k
$47k
$942k
$673k
$523k
$52k
$1.04M
$740k
$576k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$3.32M
13.4 mi · Feb 2026 · $268/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,828
Tax year 2023
Assessed value
$672,900
Assessed 2023
Previous assessed
$621,100
+8.3% YoY
Effective rate
1.31%
On assessed value
Assessed land
$116,900
Assessed improvement
$556,000
Applied tax rate
4,860.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other office properties
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Heating
HOT WATER
Buildings
1
Stories
2
Units
4
Bathrooms
5
Total area
13,942 SF
Lot
1.09 ac (47,480 SF)
Zoning code
I3
APN
BIDD M:2 L:86-2
UPID
US42-0200293
Jurisdiction
BIDDEFORD
Zoning & alternative use
I3 · Biddeford, MEZoning I3 · permitted uses
I3 · Biddeford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
Is a gateway zone for a major entrance to the City, as such, appearance of structures and properties is a major consideration in the Planning Boards review process, Land use proposals in this area must meet more stringen…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
HOT WATER
Stories
2
Buildings
1
Units
4
Bathrooms
5
Lot
1.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
I3
INDUSTRIAL
Jurisdiction
Biddeford, ME
Recorded code
I3
Official district
I3
Official district profile
What the municipal code says about I3
Zoning description
Is a gateway zone for a major entrance to the City, as such, appearance of structures and properties is a major consideration in the Planning Boards review process, Land use proposals in this area must meet more stringen…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I3 in Biddeford, ME.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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