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    800 Roundwood Dr Scarborough, ME 04074
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    Property profile & analytics

    800 Roundwood Dr Scarborough, ME 04074

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    • Hotels
    • 56,582 SF
    • 2.09 lot acres
    For Sale
    $1,110,000
    View Listing →
    Residence Inn Portland Scarborough For Sale
    $1,110,000

    Residence Inn Portland Scarborough

    78-room hotel in Scarborough, Maine available for sale.

    800 Roundwood Drive, Scarborough, ME 4074
    View Listing
    Property ID
    US42-0425403
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Residence Inn Portland Scarborough / Hotel & Motel
    • 800 Roundwood Drive Parking / Parking Lot & Garage

    Property Details for 800 Roundwood Dr

    Year built
    1995
    Lot size
    2.09 lot acres
    Property size
    56,582 SF
    Zone code
    22
    Property type
    Hotels
    APN
    SCAR M:R038 L:1108
    APU
    SCARMR038L1108

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,085,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,133,000
      Market price range: $1.08M - $3.77M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.355
    Latitude
    43.6205
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $83,518
    $1,017,500
    $4,212,200
    $5,229,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,340,000
      43,419 SF

      2 Cummings Rd

      HOTEL • 43,419 SF
      2 Cummings Rd, Scarborough, ME 04074-8924
      View Details
    • Value Estimation by Request
      4,734 SF

      2 Bayview Ave

      HOTEL-RESORT • 4,734 SF
      2 Bayview Ave, Scarborough, ME 04074-9494
      View Details
    • Value Estimation
      $1,135,000
      28,060 SF

      510 Black Pt Rd

      HOTEL-RESORT • 28,060 SF
      510 Black Pt Rd, Scarborough, ME 04074-8624
      View Details
    • Value Estimation
      $1,085,000
      41,835 SF

      2 Ashley Dr

      HOTEL • 41,835 SF
      2 Ashley Dr, Scarborough, ME 04074-8954
      View Details
    • Value Estimation
      $1,000,000
      36,022 SF

      329 Us Rte 1st 1

      HOTEL • 36,022 SF
      329 Us Rte 1st 1, Scarborough, ME 04074-9703
      View Details
    • Value Estimation by Request
      408 SF

      39 Dunstan Lndg Rd

      CAMPGROUND, RV PARK • 408 SF
      39 Dunstan Lndg Rd, Scarborough, ME 04074-9202
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Residence Inn Portland Scarborough

      78-room hotel in Scarborough, Maine available for sale.
      800 Roundwood Dr, Scarborough, ME 04074
      View Details
    • Contact for pricing
      68,818 SF

      Scarborough Warehouse with 50 Doors

      68,818±SF warehouse with 50 doors on 15.45± acre site.
      7 Manson Libby Rd, Scarborough, ME 04074
      View Details
    • $1,000,000
      0.41 Acres

      Scarborough Land with River Views

      Residential lot in Pine Point with river and marsh views.
      68 Jones Creek Dr, Scarborough, ME 04074
      View Details
    • $149,950

      Prime Scarborough Commercial Land Parcel

      0.62-acre parcel off Route 1 with development potential.
      6 Payne Rd, Scarborough, ME 04074
      View Details
    • Contact for pricing

      Commercial Lots on Route 1

      Commercial lots available for sale or build-to-suit lease.
      1000 Technology Way, Scarborough, ME 04074
      View Details
    • Contact for pricing

      Development Lots on Science Park

      Three development lots available near Maine Medical Campus.
      Science Park Rd, Scarborough, ME 04074
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      38,784 SF

      Prime Scarborough Office Building

      Class A Office Space, 38,784 sqft
      482 Payne Rd, Scarborough, ME 04074
      View Details
    • Contact for pricing

      Scarborough Industrial Space For Lease

      1,146± SF industrial space available in Scarborough Downs Business Park.
      100 Innovation Way, Scarborough, ME 04074
      View Details
    • Contact for pricing
      4,164 SF

      Medical Office Space Available

      Medical office or spa space near Maine Medical Center Scarborough.
      6 Science Park Rd, Scarborough, ME 04074
      View Details
    • Contact for pricing
      6,389 SF

      Renovated Office Space Available

      Office suites for lease in Scarborough, near Maine Medical Campus.
      8 Science Park Rd, Scarborough, ME 04074
      View Details
    • $90,000

      Prime Pad Site For Lease

      1 +/- acre pad site in Scarborough, Maine.
      591 Us-1, Scarborough, ME 04074
      View Details
    • Contact for pricing
      2,039 SF

      Retail Space in Mixed-Use Building

      Retail space for lease in The Downs Town Center.
      276 Scarborough Downs Rd, Scarborough, ME 04074
      View Details

    Property Visit Statistics

    • Visits by month
      5.4k
    • Visitors by month
      1.3k
    • Avg Time on site
      554 min
    View Listing
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    800 Roundwood Dr
    Scarborough, ME 04074
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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