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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
10 Watson Rd Harpswell, ME 04079-4533
Individually Owned
Free & Clear
Property ID
US42-0144612
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1895
Construction
FRAME
Total area
1,176 SF
Lot
0.45 ac (19,602 SF)
Zoning code
CF1
APN
HARP M:063 L:117
UPID
US42-0144612
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
ROBERT C WATSON
ROBERT C WATSON
Zoning & alternative use
CF1 · Harpswell, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Commercial Fisheries I District shall be defined as the C.F. District existing prior to March 14, 1992 limited to seventy-five (75) feet inland from the upland edge of the coastal wetland and includes areas where the existing predominant pattern of development is consistent with the allowed uses for this district
Zone name
Commercial Fisheries Marine Activities
General category
COMMERCIAL
Zone area
435.43 ac
Source
Realmo
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 Harpswell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harpswell 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,485
Tax year 2023
Assessed value
$571,300
Assessed 2023
Previous assessed
$571,300
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$280,300
Assessed improvement
$291,000
Applied tax rate
31,390.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1895
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
1,176 SF
Lot
0.45 ac (19,602 SF)
Zoning code
CF1
APN
HARP M:063 L:117
UPID
US42-0144612
Jurisdiction
HARPSWELL
Zoning & alternative use
CF1 · Harpswell, MEZoning CF1 · permitted uses
CF1 · Harpswell, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Commercial Fisheries I District shall be defined as the C.F. District existing prior to March 14, 1992 limited to seventy-five (75) feet inland from the upland edge of the coastal wetland and includes areas where the existing predominant pattern of development is consistent with the allowed uses for this district
Zone name
Commercial Fisheries Marine Activities
General category
COMMERCIAL
Zone area
435.43 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1895
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
ROBERT C WATSON
Individual
Free & Clear · 0 yrs held
Mailing address
10 WATSON RD, HARPSWELL, ME 04079-4533
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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