21 Ocean ParkSaco, ME 04072

  • Hospitality properties
  • 7,180 SF
Off market
$6,011,280 Estimated

Property Details for 21 Ocean Park

Year built
1959
Construction
FRAME
Lot size
0.60 AC
Property size (Sq ft)
7,180 SF
Zone code
B-2C
Property type
Hospitality properties
Property subtype
Motels
APN
SACO M:034 L:099 U:000-000
APU
SACOM034L099U000000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,348,312
    6.5%
    $1,244,596
    7%
    $1,155,696
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,204,626
    Geo Method
    $2,204,626
  • Alternative Use

    Use
    Valuation
    Residential
    $1,358,737
    Hospitality
    $1,244,596
    Educational
    $1,035,489
    Medical
    $1,071,101
    Retail
    $1,610,761
21 Ocean Park, Saco, Maine

Location Insight

City
Saco
County
York
State
Maine
Latitude
43.5097
Longitude
-70.4302
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
$18,200
$258,700
$734,200
$992,900
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-
-
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