49 RACEWAY DRIVE
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Location
49 RACEWAY DRIVE
Mblu
39/ 2/ 1/ /
Acct#
0039 0002 0001
Owner
49 RACEWAY DRIVE LLC
Total Market Value
$9,759,900
Appraisal
$9,759,900
PID
112442
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$9,345,600$414,300$9,759,900
Assessment
Valuation YearImprovementsLandTotal
2025$9,345,600$414,300$9,759,900

Owner of Record
Owner49 RACEWAY DRIVE LLC
Co-OwnerC/O NORTHLAND MANAGEMENT CORP
Address 17 SOUTH ST, UNIT 3
PORTLAND, ME 04101
Sale Price$977,250
Certificate
Book & Page 35752/0319
Sale Date06/27/2019
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
49 RACEWAY DRIVE LLC$977,250 35752/03190006/27/2019
MOODY'S CO-WORKER OWNED INC$0 33400/0259 08/30/2016
HANNAFORD BROS. CO.$271,000 9312/0123 09/05/1990
COMMERCIAL DEVELOPERS INC$0 5088/0143 12/20/1982
MAINE RACEWAYS INC$0 3080/0713 04/10/1969

Building Information
Building 1 : Section 1
Year Built: 2020
Living Area: 44,936
Replacement Cost: $4,104,346
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$4,104,300
Building Attributes
FieldDescription
Style:Light Indust
ModelOpen Bldg
GradeCustom
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseIND BLDG MDL-96
Total Rooms10
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallNONE
Rooms/PrtnsABOVE AVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
SPAService Production Area 41,912 41,912
FSTUtility, Finished 7,560 3,024
CANCanopy 256 0
SLBSLAB 49,728 0
   99,456 44,936
Building 1 : Section 2
Year Built: 2020
Living Area: 19,293
Replacement Cost: $3,396,987
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$3,397,000
Building Attributes : Section 2 of 3
FieldDescription
Style:Office Bldg
ModelOpen Bldg
GradeCustom
Stories:1
Occupancy1.00
Exterior Wall 1Aluminum Sidng
Exterior Wall 2Glass/Thermo.
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseIND OFFICE
Total Rooms15
Total Bedrms 
Total Baths2
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 19,293 19,293
SLBSLAB 19,293 0
   38,586 19,293
Building 1 : Section 3
Year Built: 2020
Living Area: 10,032
Replacement Cost: $924,259
Building Percent Good: 100
Replacement Cost
Less Depreciation:
$924,300
Building Attributes : Section 3 of 3
FieldDescription
Style:Light Indust
ModelOpen Bldg
GradeCustom
Stories:1
Occupancy1.00
Exterior Wall 1Aluminum Sidng
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseIND BLDG MDL-96
Total Rooms8
Total Bedrms 
Total Baths7
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height24.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
SPAService Production Area 10,032 10,032
SLBSLAB 10,032 0
   20,064 10,032

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET91549.00 S.F.$518,5001

Land
Land Use
Use Code402I
DescriptionIND BLDG MDL-96  
ZoneND
NeighborhoodNH1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)13.03
Frontage0
Depth0
Total Market Land$414,300
Appraised Value$414,300

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV2PAVING-CONC  2788.00 S.F.$14,6001
PAV1PAVING-ASPHALT  86150.00 S.F.$344,6001
LT9HGH PRE-SOD PL  19.00 UNITS$38,0001
GAZBGAZEBO AVG  144.00 S.F.$4,3001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$9,345,600$414,300$9,759,900
2024$9,144,000$414,300$9,558,300
2023$9,144,000$414,300$9,558,300

Assessment
Valuation YearImprovementsLandTotal
2025$9,345,600$414,300$9,759,900
2024$9,144,000$414,300$9,558,300
2023$9,144,000$414,300$9,558,300

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