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Property profile & analytics
FOR LEASE
Investment properties
991 Portland Rd Saco, ME 04072
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US42-0167302
No photos on file
For Lease
Contact for pricing
991 Portland Rd, Saco, ME 04072
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
124.2 ac (5,410,152 SF)
Zoning code
MU3
APN
SACO M:063 L:006 U:000-000
UPID
US42-0167302
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
8 Rhpec 2 Hld LLC · 3 yrs held
8 Rhpec 2 Hld LLC
since 2023
Last sale
$300,000
7 recorded transactions
Zoning & alternative use
MU3 · Saco, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$50,668
Tax year 2022
Assessed value
$2,764,200
Assessed 2022
Previous assessed
$2,764,200
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$2,764,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Heating
NONE
Buildings
1
Lot
124.2 ac (5,410,152 SF)
Zoning code
MU3
APN
SACO M:063 L:006 U:000-000
UPID
US42-0167302
Jurisdiction
SACO
Zoning & alternative use
MU3 · Saco, MEZoning MU3 · permitted uses
MU3 · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
1
Lot
124.2 ac
Current owner
From public records · entity-resolved
8 Rhpec 2 Hld LLC
Entity
Mailing address
991 PORTLAND RD, SACO, ME 04072-9675
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2025
—
Park North Dev LLC
—
Deed
related
$2,100,000 · Androscoggin Bank
Apr 26, 2023
$300,000
8 Rhpec 2 Hld LLC
Park North Dev LLC
Quit Claim Arm's Length For Ne States
—
Aug 9, 2019
—
Park North Dev LLC
—
Grant Deed
related
$1,840,000 · Androscoggin Svgs Bk
Nov 29, 2018
—
University Of New England
Vachon,ronald O
Warranty Deed
related
—
Aug 24, 2018
—
Park North Development
—
Deed
related
$3,000,000 · Androscoggin Bk
Sep 8, 2016
—
Park North Dev LLC
—
Deed
related
$520,000 · Androscoggin Svgs Bk
Mar 10, 2015
—
University Of New England
Park North Dev LLC
Quit Claim Deed
related
—
Jul 31, 2014
—
Park North Development
—
Grant Deed
related
$1,000,000 · Androscoggin Bk
Apr 25, 2013
—
Park North Dev LLC
—
Deed Of Trust
related
$1,412,500 · Androscoggin Bank
Mar 16, 2006
—
Park North Dev LLC
—
Deed Of Trust
related
$775,000 · Melco LLC
—
—
Park North Dev LLC
—
Loan Modification
related
$520,000 · Androscoggin Svgs Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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