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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Office buildings
10 Walker St Kittery, ME 03904-1725
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US42-0906532
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
FRAME
Total area
2,208 SF
Lot
0.16 ac (6,970 SF)
Zoning code
MU-KF
APN
KITT M:004 L:108
UPID
US42-0906532
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Thornhill Dan W Law Firm
-
Kit Supply + Co Clothing & Fashion Store
-
McEachern & Thornhill PA Law Firm
-
Mceachern Paul Law Firm
-
Mceachern Alec L Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$439k
Blend (final)
Blend
$695k
Owner & transaction history
Walker LLC · 3 yrs held
Walker LLC
since 2022
Last sale
$760,000
4 recorded transactions
Zoning & alternative use
MU-KF · Kittery, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$615,000
+43.5%
Commercial (general)
$610,000
+43.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Kittery submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kittery submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$970,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
$645,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$430,000
Current use
RETAIL STORES
$615,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$610,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $760k (Nov 1 2022)
Last sale anchor
$760k
Nov 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$315 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,631
Tax year 2023
Assessed value
$266,800
Assessed 2023
Previous assessed
$285,500
-6.5% YoY
Effective rate
1.36%
On assessed value
Assessed land
$125,000
Assessed improvement
$141,800
Applied tax rate
37,270.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
2,208 SF
Lot
0.16 ac (6,970 SF)
Zoning code
MU-KF
APN
KITT M:004 L:108
UPID
US42-0906532
Jurisdiction
KITTERY
Zoning & alternative use
MU-KF · Kittery, ME
Zoning MU-KF · permitted uses
MU-KF · Kittery, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kittery. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$430,000
RETAIL STORES
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$610,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Walker LLC
Entity
Mailing address
10 WALKER ST, KITTERY, ME 03904-1725
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2022
$760,000
Walker LLC
Shaines&mceachern Co
Quit Claim Arm's Length For Ne States
—
Nov 7, 2016
—
Shaines & Mceachern Co
—
Deed
related
$69,917 · Granite Bk
Jul 20, 2006
—
Robert A Shaines
—
Deed Of Trust
related
$150,000 · Ocean National Bank
—
—
Shaines & Mceachern Co
—
Deed Of Trust
related
$69,917 · Granite Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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