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Property profile & analytics
OFF-MARKET
Office buildings
109 State St Bangor, ME 04401-5149
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0895350
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Total area
4,662 SF
Lot
0.29 ac (12,632 SF)
Zoning code
M&SD
APN
BANG M:049 L:036
UPID
US42-0895350
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
-
Roberts Web Consulting Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Drucker Allen Counselor Doctor
-
Atwood Donna Medical Clinic Alternative Medicine Practice
-
Computer World 2001 Computer & Electronic Repair
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
Lewtex Properties LLC · 4 yrs held
Lewtex Properties LLC
since 2021
7 recorded transactions
Zoning & alternative use
M&SD · Bangor, 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 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
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
$6,455
Tax year 2023
Assessed value
$337,100
Assessed 2023
Previous assessed
$320,500
+5.2% YoY
Effective rate
1.91%
On assessed value
Assessed land
$106,300
Assessed improvement
$230,800
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Heating
SPACE
Stories
2
Units
3
Rooms
7
Total area
4,662 SF
Lot
0.29 ac (12,632 SF)
Zoning code
M&SD
APN
BANG M:049 L:036
UPID
US42-0895350
Jurisdiction
BANGOR
Zoning & alternative use
M&SD · Bangor, ME
Zoning M&SD · permitted uses
M&SD · Bangor, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bangor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
SPACE
Stories
2
Units
3
Rooms
7
Lot
0.29 ac
Current owner
From public records · entity-resolved
Lewtex Properties LLC
Entity
Mailing address
1025 KENDUSKEAG AVE, BANGOR, ME 04401-2928
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
Aug 15, 2024
—
Lewtex Properties LLC
—
Deed
related
$95,000 · Machias Savings Bank
Dec 21, 2021
—
Lewtex Properties LLC
Mooney Properties LLC
Warranty Deed
$300,000 · Machias Savings Bank
Aug 12, 2014
—
Mooney,michael E & Amy Jane
Jpstuart LLC
Warranty Deed
related
$225,000 · Machias Svgs Bk
Apr 2, 2014
—
Jp Stuart LLC
—
Grant Deed
related
$200,000 · Camden Nat'l Bk
Aug 5, 2008
—
Jpstuart LLC
—
Deed Of Trust
related
$100,000 · Key Bank NA
Jul 3, 2008
—
Jpstuart LLC
Ne Contact Better Busines
Warranty Deed
$204,000 · Key Bank NA
Jan 10, 2006
—
Northeast Combat INC
Bangor City Of
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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