Property profile

1 Commercial St Rockland, ME 04841

OFF-MARKET
Turn key restaurants
Property ID
US42-0517463
4,386 SF 2.31 ac lot Built 1952
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1952
Construction FRAME
Total area 4,386 SF
Lot 2.31 ac (100,624 SF)
APN ROCD M:001L L:03000
UPID US42-0517463

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1 Commercial St Rockland, ME 04841-3460
Rockland metro Census 970600 ROCKLAND, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
$693k
Blend (final) Blend
$550k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $590,000 +2.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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