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Property profile

85 Water St Oakland, ME 04963

OFF-MARKET
Retail space
Property ID
US42-0282715
3,200 SF 0.37 ac lot Built 1991
Last sale Dec 2024
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property includes a convenience store and redemption center, with well-maintained walk-in coolers, inventory, and retail store fixtures. A fully rented 2-bedroom, 1-bath mobile home manufactured in 1991 (Redmond) is included on site. The building is configured for retail use but is described as having potential for conversion to a multi-unit arrangement, including two bathrooms and multiple electrical panels, subject to Town of Oakland approval. The site is located on Water Street and is positioned on the left-hand side next to a redemption center.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$206k
Assessed land$81k
Assessed improvement$125k
Effective rate1.44%

Value estimate

· Oct 2026
$230k
$207k – $253k
AI approach$230k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$47 – $142
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
DOWNTO
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.5
Electrical Service9.3
Building Supply9.1

Location

85 Water St Oakland, ME 04963-4953
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
105 Alpine, Oakland, ME 04963-4914 $190,000 Feb 2026 640 SF
40 Main, Oakland, ME 04963-4968 $438,000 May 2024 5,087 SF
39 Main, Oakland, ME 04963-4948 $275,000 Jan 2024 3,324 SF
34 Main, Oakland, ME 04963-4969 $275,000 Dec 2023 4,147 SF
58 Church, Oakland, ME 04963-4945 $210,000 Aug 2022 5,796 SF
20 Main, Oakland, ME 04963-4949 $230,000 Jun 2022 2,752 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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