48 INDUSTRIAL PARK RD
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Location
48 INDUSTRIAL PARK RD
Mblu
070/ / 002/ 000/000
Acct#
J1041R
Owner
GIRI MERIDEN LLC
Total Market Value
$8,026,400
PID
5039
Building Count
1
User Field 4
User Field 5
Topography
Utility
Public Sewer,Public Water
Location
Street/Road
Current Value
Assessment
Valuation YearImprovementsLandTotal
2025$6,391,700$1,634,700$8,026,400

Owner of Record
OwnerGIRI MERIDEN LLC
Co-Owner
Address48 INDUSTRIAL PARK RD

SACO, ME 04072
Sale Price$6,275,000
Certificate
Book & Page 18791/204
Sale Date08/30/2021
Instrument312

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
GIRI MERIDEN LLC$6,275,000 18791/20431208/30/2021
SACO NO 1 LLC$4,000,000 17891/5551J02/08/2019
SACO NO 1 LLC$0 17868/7161A12/21/2018
SACO NO 1 LLC$5,500,000 16228/071720112/22/2011
HAMPTON INN SACO$0 8565/0105 12/12/1997

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 55,740
Replacement Cost: $7,088,696
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$6,025,400
Building Attributes
FieldDescription
Style:Hotel/Inn
ModelCommercial
GradeAverage
Stories:5
Occupancy100.00
Exterior Wall 1Pre-cast Concr
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseHOTELS
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:3000
Heat/ACHeat/AC Pkgs
Frame TypeMasonry Frame
Baths/PlumbingExtensive
Ceiling/WallCeiling /Walls
Rooms/PrtnsAbove Average
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 44,448 44,448
BASFirst Floor 11,292 11,292
CANCanopy 1,932 0
   57,672 55,740

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED54500.00 S.F.$81,1001
ELV1PASS ELEV2.00 UNITS$50,0001

Land
Land Use
Use Code3000
DescriptionHOTELS  
ZoneI
NeighborhoodIND3
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)7.01
Frontage
Depth
Total Market Land$1,634,700

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SPL1POOL-INGR CONC  768.00 S.F.$37,2001
PAV1PAVING-ASPHALT  100000.00 S.F.$150,0001
LT5MERC VAP/FLU  11.00 UNITS$10,3001
LT6W/DOUBLE LIGHT  1.00 UNITS$1,7001
GENIGENERATOR IND  1.00 UNITS$18,0001
GENIGENERATOR IND  1.00 UNITS$18,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$6,391,700$1,634,700$8,026,400
2024$5,355,900$582,400$5,938,300
2023$5,355,900$582,400$5,938,300
2022$5,355,900$445,200$5,801,100
Visit History
Visit History
Visit DatePurpose of VisitNotes
3/3/2025Assessor Reviewed 
11/19/2024Measur+1Visit 
1/19/2022Measur+ListedUC FOR 4TH AND 5TH FLOOR RENOVATION.
4/2/2019Change Legal Ownership Change1/2 INTEREST TO DONOVAN AND 1/2 TO SACO NO 1 LLC
6/7/2007Measur+Listed 

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