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Property profile & analytics
OFF-MARKET
Estimated value
$285,000
Investment properties
1053 Main St Sanford, ME 04073-3622
Individually Owned
5-yr Hold
Property ID
US42-0305700
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1910
Total area
1,957 SF
Lot
0.39 ac (17,000 SF)
Zoning code
OR
APN
SANF M:0K34 B:39
UPID
US42-0305700
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
-
Best Little Hair House In Town Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$285k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$285k
Owner & transaction history
Jason R Lapierre · 5 yrs held
Jason R Lapierre
since 2021
7 recorded transactions
Zoning & alternative use
OR · Sanford, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$285k
Range $257k – $314k · ±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
$146 / 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
$3,723
Tax year 2023
Assessed value
$245,900
Assessed 2023
Previous assessed
$245,900
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$42,900
Assessed improvement
$203,000
Applied tax rate
65,760.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1910
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
2
Total area
1,957 SF
Lot
0.39 ac (17,000 SF)
Zoning code
OR
APN
SANF M:0K34 B:39
UPID
US42-0305700
Jurisdiction
SANFORD
Zoning & alternative use
OR · Sanford, MEZoning OR · permitted uses
OR · Sanford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1910
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Jason R Lapierre
Individual
Mailing address
1053 MAIN ST, SANFORD, ME 04073-3622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2025
—
Jason R Lapierre
—
Deed
related
$40,000 · Partners Bank
Jul 14, 2021
—
Jason R Lapierre
Rodney B Lapierre
Warranty Deed
related
$152,000 · Partners Bank
May 13, 2019
—
Rodney B Lapierre
—
Deed
related
$49,000 · Sanford Institution For Savings
Apr 30, 2013
—
Rodney B Lapierre
—
Deed Of Trust
related
$49,000 · Sanford Institute For Savings
Mar 25, 2011
—
Rodney B Lapierre
—
Deed Of Trust
related
$115,875 · Sanford Institute For Savings
Mar 11, 2008
—
Rodney B Lapierre
—
Deed Of Trust
related
$25,000 · Sanford Institute For Savings
Mar 9, 2005
—
Rodney B Lapierre
—
Deed Of Trust
related
$146,000 · Sanford Institute For Savings
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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