Financial
Distress signals
Property profile

835 Forest Ave Portland, ME 04103

FOR SALE
Office buildings
Property ID
US42-0414703
3,360 SF 0.39 ac lot Built 1970
Last sale Dec 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-story, wood-frame building with a brick facade on the front and sides and vinyl cladding at the rear, totaling approximately 3,360 square feet. The interior layout includes five offices, two full bathrooms, and two half bathrooms. Exterior site improvements include a large paved parking lot that can accommodate more than 21 vehicles, with frontage on Forest Avenue and a direct entrance; additional access is provided from the rear through the parking lot. Parking is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$520k
Assessed land$305k
Assessed improvement$216k
Effective rate1.44%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$330k
Submarket $/SF estimate$742k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$9k
Operating expenses−$16k
NOI · 4.83% cap applied$48k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$183/SF
Submarket average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$129 – $255
Qualifying comparables6

Cap rate analysis

How does the asset earn?
4.83%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPORTLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply20.4
Realty agency17.7
Law Firm17.0

Location

835 Forest Ave Portland, ME 04103
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 15 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
512 Woodford, Portland, ME 04103-2461 $4,024,407 May 2023 3,459 SF
56 Northport, Portland, ME 04103-3630 $2,267,500 May 2023 22,150 SF
12 Revere, Portland, ME 04103-4410 $555,000 Apr 2023 4,848 SF
117 Auburn, Portland, ME 04103-6003 $1,450,000 Sep 2022 10,038 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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