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Property profile & analytics
OFF-MARKET
Estimated value
$945,000
Showrooms
105 Main St Bangor, ME 04401-6387
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0008323
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1880
Total area
35,588 SF
Lot
0.2 ac (8,712 SF)
Zoning code
DDD
APN
BANG M:042 L:119
UPID
US42-0008323
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
-
Ameriprise Financial Financial Advisor
-
Bangor Window Shade & Drapery (Bike/Boat/Book/etc) Store Home Decor Store
-
Jay Deane - Financial Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Donald C Hagstrom - Private Wealth Advisor, Ameriprise Financial Services, LLC Financial Advisor
-
Gracy Inc. Payroll & Bookkeeping Services Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$945k
Owner & transaction history
Community Re Solutions · 1 yrs held
Community Re Solutions
since 2024
7 recorded transactions
Zoning & alternative use
DDD · Bangor, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ructure or any expansion of such parking facility or lot. (4) Filling, grading and earthmoving activities if a land development permit is required under § 165-33 . (5) Any use, including permitted uses, in the NSD, USD, DDD, WDD, ADD (except for airport traffic control and direct aviation support uses), BPD, UID, G & ISD, S & PS, GC & S, T & S and I & S Dist…
Zone name
Downtown Development District
General category
CIVIC_INSTITUTIONAL
Zone area
36.29 ac
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 Bangor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bangor 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,665,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$945k
Range $851k – $1.04M · ±10%
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
$27 / 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
$30,607
Tax year 2023
Assessed value
$1,551,300
Assessed 2023
Previous assessed
$1,551,300
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$84,100
Assessed improvement
$1,467,200
Applied tax rate
2,795.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1880
Heating
ELECTRIC
Units
20
Total area
35,588 SF
Lot
0.2 ac (8,712 SF)
Zoning code
DDD
APN
BANG M:042 L:119
UPID
US42-0008323
Jurisdiction
BANGOR
Zoning & alternative use
DDD · Bangor, MEZoning DDD · permitted uses
DDD · Bangor, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ructure or any expansion of such parking facility or lot. (4) Filling, grading and earthmoving activities if a land development permit is required under § 165-33 . (5) Any use, including permitted uses, in the NSD, USD, DDD, WDD, ADD (except for airport traffic control and direct aviation support uses), BPD, UID, G & ISD, S & PS, GC & S, T & S and I & S Districts (as defined in Articles XIII , XIV and XV of this chapter). (6) Any use or si
Zone name
Downtown Development District
General category
CIVIC_INSTITUTIONAL
Zone area
36.29 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$3.7M
RETAIL STORES
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
1880
Heating
ELECTRIC
Units
20
Lot
0.2 ac
Current owner
From public records · entity-resolved
Community Re Solutions
Individual
Mailing address
22 STATE ST STE #1, BANGOR, ME 04401-5186
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 6, 2024
—
Community Re Solutions
—
Deed
related
$500,000 · Maine Savings Federal Credit Union
Aug 15, 2024
—
N&k Cottage LLC
—
Deed
related
$500,000 · Maine Savings Federal Credit Union
Sep 6, 2022
—
N&k Cottage LLC
—
Deed
related
$250,000 · Camden National Bank
Jul 8, 2022
—
N&k Cottage LLC
—
Deed
related
$250,000 · Camden National Bank
Oct 2, 2014
—
Brick&mortar Hldg Grp INC
—
Grant Deed
related
$300,000 · Peoples Bk/al
Jan 15, 2014
—
Brick&mortar Holding Grp
—
Grant Deed
related
$100,000 · Peoples Bk/al
Jul 26, 2006
—
Brick&motar Hldgs Grp
—
Deed Of Trust
related
$485,000 · Merrill Merchants Bank
—
—
Brick & Mortar Holding Group I
—
Deed Of Trust
related
$100,000 · People's United Bk
—
—
Brick & Mortar Holding Group I
—
Deed Of Trust
related
$300,000 · People's United 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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