126 GrandOld Orchard Beach, ME 04064

  • Hospitality properties
  • 11,609 SF
Off market
$6,378,360 Estimated

Property Details for 126 Grand

Year built
1955
Construction
FRAME
Lot size
0.64 AC
Property size (Sq ft)
11,609 SF
Zone code
BRD
Property type
Hospitality properties
Property subtype
Motels
APN
OOBH M:303 B:4 L:3
APU
OOBHM303B4L3

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,180,021
    6.5%
    $2,012,327
    7%
    $1,868,590
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,564,555
    Geo Method
    $3,564,555
  • Alternative Use

    Use
    Valuation
    Residential
    $2,196,877
    Hospitality
    $2,012,327
    Educational
    $1,674,233
    Medical
    $1,731,812
    Retail
    $2,604,362
126 Grand, Old Orchard Beach, Maine

Location Insight

City
Old Orchard Beach
County
York
State
Maine
Latitude
43.5239
Longitude
-70.3681
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
2023
$22,867
$1,088,000
$917,900
$2,005,900
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