1 RUNWAY RD
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Location
1 RUNWAY RD
Mblu
080/ A / 005/ A /
Owner
M & M VENTURES LLC
Total Market Value
$5,228,900
PID
109281
Building Count
2
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$4,607,800$621,100$5,228,900

Owner of Record
OwnerM & M VENTURES LLC
Co-OwnerWALLACE 53 LLC
Address16 BOWDOIN AVE
SOUTH PORTLAND, ME 04106
Sale Price$2,050,000
Certificate
Book & Page 35980/114
Sale Date09/16/2019
InstrumentWD

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
M & M VENTURES LLC$2,050,000 35980/114WD09/16/2019
ONE RUNWAY ROAD, LLC$2,550,000 31420/0320QC04/01/2014

Building Information
Building 1 : Section 1
Year Built: 1982
Living Area: 60,600
Replacement Cost: $6,129,979
Building Percent Good: 65
Replacement Cost
Less Depreciation:
$3,984,500
Building Attributes
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseIND WHSES MDL-96
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:4010
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 43,800 43,800
AOFOffice, (Average) 16,800 16,800
   60,600 60,600
Building 2 : Section 1
Year Built: 1977
Living Area: 9,600
Replacement Cost: $690,528
Building Percent Good: 62
Replacement Cost
Less Depreciation:
$428,100
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Warehouse
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Aluminum Sidng
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeNone
Bldg UseIND WHSES MDL-96
Total Rooms 
Total Bedrms00
Total Baths1
1st Floor Use:4010
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN 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
BASFirst Floor 9,600 9,600
   9,600 9,600

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLER WET/16800.00 S.F.$14,5001
SPR2SPRINKLER WET/43800.00 S.F.$46,1001
MEZ1MEZZANINE UNFI4800.00 S.F.$48,4001

Land
Land Use
Use Code4010
DescriptionIND WHSES MDL-96  
NeighborhoodZ
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)6.59
Frontage
Depth
Total Market Land$621,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING ASPHALT  103790.00 S.F.$69,3001
RRRRAILROAD SPURS  510.00 L.F.$16,9001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2026$4,607,800$621,100$5,228,900
2025$4,063,600$621,100$4,684,700
2024$4,063,600$621,100$4,684,700

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