Financial
Distress signals
Property profile

16 Northbrook Dr Falmouth, ME 04105

FOR LEASE
Office buildings
Property ID
US42-0478344
5,056 SF 1.61 ac lot Built 2000
Last sale Dec 2024 · $1,395,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an office suite totaling approximately 2,611 square feet, configured with efficient workspace plus a kitchenette and an additional flex space area. It includes a loading dock for service access. The site is located in a suburban setting with convenient highway access, and is approximately 10 minutes from downtown Portland.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$1.14M
Assessed land$353k
Assessed improvement$790k
Effective rate1.26%

Value estimate

· Sep 2026
$1.40M
$1.26M – $1.53M
AI approach$1.40M
CAP approach$1.19M
Submarket $/SF estimate$1.16M
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$2k
Operating expenses−$25k
NOI · 1,822.76% cap applied$46k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$129 – $261
Qualifying comparables4

Cap rate analysis

How does the asset earn?
1,822.76%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BP
This zoning district is intended to include business and professional offices, art and craft studios, tradesman's offices, restaurant, re...
General categoryPLANNED_DEVELOPMENT
JurisdictionFALMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.9
Restaurant11.4
Wholesale Shop11.2

Location

16 Northbrook Dr Falmouth, ME 04105
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
155 Gray, Falmouth, ME 04105-2076 $395,000 May 2024 1,512 SF
411 Us Rte 1st, Falmouth, ME 04105-1307 $1,265,000 Jan 2024 6,730 SF
133 Gray, Falmouth, ME 04105-2029 $460,000 May 2023 2,176 SF
170 Us Rte 1st, Falmouth, ME 04105-2154 $2,150,000 Aug 2022 19,031 SF
325 Us Rte 1st, Falmouth, ME 04105-1309 $1,550,000 Jun 2022 7,716 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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