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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Auto shops
824 Portland Rd Saco, ME 04072-9672
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0406278
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1964
Construction
STEEL FRAME
Total area
22,335 SF
Lot
1.7 ac (74,052 SF)
Zoning code
B-6
APN
SACO M:059 L:009 U:000-000
UPID
US42-0406278
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
-
Jack Chrysler Dodge Jeep RAM Service Auto Repair Shop
-
Jack Chrysler Dodge Jeep RAM Parts Auto Parts Store
-
Jack Chrysler Dodge Jeep RAM Car Dealership Auto Repair Shop
-
Mopar Service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Prm Auto Of Saco LLC · 7 yrs held
Prm Auto Of Saco LLC
since 2018
7 recorded transactions
Zoning & alternative use
B-6 · Saco, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.4M
+7.2%
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 Saco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saco 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,270,000
Current use
RETAIL STORES
$2,435,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$1.70M
Range $1.53M – $1.86M · ±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
$76 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$49,493
Tax year 2022
Assessed value
$2,700,100
Assessed 2022
Previous assessed
$2,700,100
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$392,500
Assessed improvement
$2,307,600
Applied tax rate
64,675.0000
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
1964
Construction
STEEL FRAME
Heating
BASEBOARD
Buildings
1
Stories
2
Total area
22,335 SF
Lot
1.7 ac (74,052 SF)
Zoning code
B-6
APN
SACO M:059 L:009 U:000-000
UPID
US42-0406278
Jurisdiction
SACO
Zoning & alternative use
B-6 · Saco, ME
Zoning B-6 · permitted uses
B-6 · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.3M
RETAIL STORES
Est. value
$2.4M
AUTO REPAIR, GARAGE Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
STEEL FRAME
Heating
BASEBOARD
Stories
2
Buildings
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Prm Auto Of Saco LLC
Entity
Mailing address
300 TRADECENTER STE #7700, WOBURN, MA 01801-7419
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2019
—
Prm Auto&saco LLC
—
Deed
related
$2,100,000 · Boston Private Bank & Trust Company
Feb 14, 2019
—
Prm Autosaco LLC
—
Deed
related
$13,450,000 · Boston Private Bank & Trust Company
Dec 24, 2018
—
Prm Auto Of Saco LLC
First Saco Realty LLC
Warranty Deed
related
—
Jul 5, 2016
—
First Saco Realty LLC
Crepeau Real Estate INC
Warranty Deed
related
—
Dec 4, 2013
—
Crepeau Real Estate INC
—
Deed Of Trust
related
$2,113,421 · Saco & Biddeford Savings
Apr 23, 2010
—
Crepeau Re INC
—
Deed Of Trust
related
$250,000 · Ocean Bank
Oct 26, 2005
—
Crepeau Real Estate INC
—
Deed Of Trust
related
$2,100,000 · Rivergreen Bank
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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