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    Property profile & analytics

    885 Portland Rd Saco, ME 04072-9794

    • Office buildings
    • 21,120 SF
    • 1.69 lot acres
    OFF-MARKET
    Value Estimation
    $620,000
    Last Sale
    Nov 12, 2020
    Location Intelligence
    Property ID
    US42-0079129
    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.

    Current Use by Public Records

    • Maine Bike Works / Bicycle Shop / Adventure Sports
    • Pingree Boiler Repair, Inc. / Mechanical Contractor
    • Elegant Homes / Mobile Home Park
    • Saco River Financial / Financial Planner / Financial Advisor
    • Mobile Home Brokers Unlimited / Mobile Home Dealer

    Property Details for 885 Portland Rd

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    1.69 lot acres
    Property size
    21,120 SF
    Property type
    Office buildings
    APN
    SACO M:061 L:013 U:003-000
    APU
    SACOM061L013U003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $695,000

    • CAP approach

      CAP return
      Estimation
      6%
      $540,000
      6.5%
      $570,000
      7%
      $515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $575,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $475,000
      Mixed-Use
      $590,000
      Hospitality
      $640,000
      Educational
      $490,000
      Residential Income
      $535,000
      Energy
      $545,000
      Income-Based Land
      $615,000
      Food Service
      $580,000

    Location Insight

    • Map
    • Local Demand
    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.4087
    Latitude
    43.5411
    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
    2022
    $25,389
    $390,200
    $994,900
    $1,385,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $385,000
      8,056 SF

      890 Portland Rd

      OFFICE BUILDING • 8,056 SF
      890 Portland Rd, Saco, ME 04072-9600
      View Details
    • Value Estimation
      $395,000
      3,010 SF

      75 Nn St

      OFFICE BUILDING • 3,010 SF
      75 Nn St, Saco, ME 04072-1924
      View Details
    • Value Estimation
      $295,000
      863 SF

      25-27 Cmn St

      OFFICE BUILDING • 863 SF
      25-27 Cmn St, Saco, ME 04072
      View Details
    • Value Estimation
      $315,000
      10,140 SF

      180 Main St

      OFFICE BUILDING • 10,140 SF
      180 Main St, Saco, ME 04072-1507
      View Details
    • Value Estimation
      $345,000
      2,624 SF

      374 Main St

      OFFICE BUILDING • 2,624 SF
      374 Main St, Saco, ME 04072-1521
      View Details
    • Value Estimation by Request
      13,874 SF

      42 Industrial Park Rd

      OFFICE BUILDING • 13,874 SF
      42 Industrial Park Rd, Saco, ME 04072-3801
      View Details

    Similar Nearby for Sale

    • $995,000
      6,000 SF

      Saco Riverfront Office/Warehouse Building

      Turn-key office/warehouse near Maine Turnpike and walkable to downtowns.
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      View Details
    • $3,250,000
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      Saco Commercial Building For Sale

      Commercial building in Saco, Maine, suitable for multiple uses.
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    • $575,000

      Undeveloped Industrial Land For Sale

      Undeveloped industrial land in Saco Industrial Park available for purchase.
      45 Industrial Park Rd, Saco, ME 04072
      View Details
    • $790,000

      Saco Commercial Development Site

      1.39 acre commercial development site in Saco, Maine.
      958 Portland Rd, Saco, ME 04072
      View Details
    • $500,000
      11.60 Acres

      Saco Industrial Land - $500K

      11.6-acre industrial lot, prime location.
      0 Industrial Park Rd, Saco, ME 04072
      View Details
    • $2,300,000
      10,550 SF

      Main Street Saco Investment

      10,550 SF building, 2.28 acres
      644 Sf Building & Land, Saco, ME 04072
      View Details

    Similar Nearby for Lease

    • $250 SF/Yr
      100 SF

      Small Office Spaces For Rent

      Small office spaces available in a high-visibility location.
      445 Main St, Saco, ME 04072
      View Details
    • $18 SF/Yr
      1,772 SF

      Downtown Saco Office Space Available

      Office/studio space for rent in downtown Saco.
      209 Main St, Saco, ME 04072
      View Details
    • $13 SF/Yr
      10,000 SF

      Saco Medical Office Suite

      10,000± SF medical office suite for rent.
      655 Main St, Saco, ME 04072
      View Details
    • $13 SF/Yr
      13,200 SF

      Prime Saco Flex Space Available

      13,200 SF Flex Space, Fully Vacant
      42 Industrial Park Rd, Saco, ME 04072
      View Details
    • $35 SF/Yr
      1,400 SF

      Saco, ME Creative Office Space

      1,400 SF Retail/Office, Prime Location
      70 Elm St, Saco, ME 04072
      View Details
    • Contact for pricing
      63,000 SF

      Industrial Build-to-Suit Opportunity, Saco

      63,000± SF build-to-suit industrial building on US Route 1.
      1016 Portland Rd, Saco, ME 04072
      View Details
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    Saco, ME 04072-9794
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    Realmo Value Estimation

    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.

    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.

    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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