Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    104 Bangor St Houlton, ME 04730-1662
    Back to Search
    Property profile & analytics

    104 Bangor St, Houlton, ME 04730-1662

    View on Map
    • Industrial properties
    • 7,280 SF
    • 0.46 lot acres
    Off-Market
    Last Sale Oct 15, 2021
    Property ID
    US42-0299235
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ross Sheet Metal / Production Facility / Metal Fabrication Plant
    • Acadia Medical Supply / Medical Supply Store

    Property Details for 104 Bangor St

    Year built
    2006
    Lot size
    0.46 lot acres
    Zone code
    B
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    HOUL M:039 B:2 L:116
    APU
    HOULM039B2L116

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2021 — Jonathan M Ross Drc Holdings INC Quit Claim Deed · related —
    Dec 14, 2009 — Jonathan M Ross — Deed Of Trust · related $175k · Machias Savings Bank
    Jun 7, 2007 — Jonathan Ross — Deed Of Trust · related $175k · Gardiner Savings Institution

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Houlton
    County
    Aroostook
    State
    Maine
    Longitude
    -67.8496
    Latitude
    46.12

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,058
    $28,800
    $313,800
    $342,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      11,000 SF

      425 Porter Settlement Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      425 Porter Settlement Rd, Houlton, ME 04730
      View Details
    • Value Estimation
      $525,000
      6,456 SF

      103 B Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      103 B Rd, Houlton, ME 04730
      View Details
    • Value Estimation by Request
      10,854 SF

      73 Drews Lk Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      73 Drews Lk Rd, Houlton, ME 04730
      View Details
    • Value Estimation by Request

      27 Industrial Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      27 Industrial Dr, Houlton, ME 04730-3318
      View Details
    • Value Estimation by Request
      5,014 SF

      202 Ludlow Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      202 Ludlow Rd, Houlton, ME 04730
      View Details
    • Value Estimation by Request
      9,224 SF

      425 Porter Settlement Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      425 Porter Settlement Rd, Houlton, ME 04730
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail/Office Building on US Route 1

      4199 SF retail/office building in high-traffic area.
      300 North St, Houlton, ME 04730
      View Details
    • $600,000
      1.00 Acre

      Houlton Commercial Opportunity on North Street

      High-visibility commercial lot with endless possibilities in Houlton, Maine.
      486 North St, Houlton, ME 04730
      View Details
    • $249,900
      2,404 SF

      Linneus Mixed-Use Property - Great Potential

      Successful Business, Residential Conversion Potential
      1746 Bangor Rd, Linneus, ME 04730
      View Details
    • $269,900
      1,657 SF

      Linneus Mixed-Use Commercial Property

      Prime Location: Convenience Store & Shop
      1768 Bangor Rd, Linneus, ME 04730
      View Details
    • $249,900
      2,404 SF

      Versatile Commercial Property with Showroom

      Commercial property with showroom, garage/warehouse, and expansion potential.
      1746 Bangor Rd, Linneus, ME 04730
      View Details
    • Contact for pricing

      Commercial Property with Garage/Warehouse

      Commercial property with showroom, garage/warehouse, and expansion potential.
      1746 Bangor Rd, Linneus, ME 04730
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,100 SF

      Downtown Houlton Retail Space

      Turnkey retail space in downtown Houlton, Maine.
      11 High St, Houlton, ME 04730
      View Details
    • Contact for pricing

      Houlton Retail Space For Rent

      Single tenant retail space available in Houlton, Maine.
      41 Bangor St, Houlton, ME 04730
      View Details
    • Contact for pricing
      3,600 SF

      Retail Spaces at Houlton Plaza

      Retail spaces available in a high-traffic shopping destination.
      114 North St, Houlton, ME 04730
      View Details
    • Contact for pricing
      14,311 SF

      Houlton Retail Space Available

      23,868 +/- SF retail space in busy shopping area.
      137-143 St N, Houlton, ME 04730
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    104 Bangor St
    Houlton, ME 04730-1662
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    104 Bangor St, Houlton, ME, 04730
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!