50 Maine MallSouth Portland, ME 04106

  • Hospitality properties
  • 70,276 SF
Off market
$33,362,650 Estimated

Property Details for 50 Maine Mall

Year built
2017
Construction
FRAME
Lot size
3.33 AC
Property size (Sq ft)
70,276 SF
Zone code
Z
Property type
Hospitality properties
Property subtype
Hotels
APN
SPOR M:048 L:010
APU
SPORM048L010

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,196,932
    6.5%
    $12,181,783
    7%
    $11,311,656
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,578,316
    Geo Method
    $21,578,316
  • Alternative Use

    Use
    Valuation
    Residential
    $13,298,968
    Hospitality
    $12,181,783
    Educational
    $10,135,101
    Medical
    $10,483,662
    Retail
    $15,765,712
50 Maine Mall, South Portland, Maine

Location Insight

City
South Portland
County
Cumberland
State
Maine
Latitude
43.6432
Longitude
-70.3307
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
$171,457
$1,893,900
$10,231,800
$12,125,700
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Property Visit Statistics

  • Visits by month
    9.9k
  • Visitors by month
    3.8k
  • Avg Time on site
    513 min

FAQs

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