Property profile

86 Mclellan Rd Gorham, ME 04038

OFF-MARKET
Commercial land
Property ID
US42-0276593
3,960 SF 38.35 ac lot Built 1966
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,960 SF
Lot 38.35 ac (1,670,526 SF)
Zoning code SR
APN GRHM M:007 B:018 L:000
UPID US42-0276593

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

86 Mclellan Rd Gorham, ME 04038
Gorham metro Census 4001 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

Zoning & alternative use

SR · Gorham, ME
Zoning description

by Ord. No. 25-82 ] To implement the provisions of this Part 1 , the Town of Gorham is hereby divided into the following classes of districts: Urban Residential UR Urban Residential Expansion URExp Suburban Residential S…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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