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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Investment properties
1129 Main St Mount Desert, ME 04660-6400
Individually Owned
2-yr Hold
Property ID
US42-0194858
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1856
Total area
3,000 SF
Lot
0.13 ac (5,663 SF)
Zoning code
VR2
APN
MTDS M:021 L:004-001
UPID
US42-0194858
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
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$510k
Blend (final)
Blend
$775k
Owner & transaction history
Douglas J Spurling · 2 yrs held
Douglas J Spurling
since 2024
Last sale
$776,000
3 recorded transactions
Zoning & alternative use
VR2 · Mount Desert, 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 Mount Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Desert 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
$775,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $776k (Mar 7 2024)
Last sale anchor
$776k
Mar 7 2024
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
$258 / 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
$4,310
Tax year 2023
Assessed value
$494,300
Assessed 2023
Previous assessed
$494,300
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$164,400
Assessed improvement
$329,900
Applied tax rate
47,630.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1856
Heating
FORCED AIR
Buildings
1
Stories
3
Units
1
Rooms
7
Bathrooms
3
Total area
3,000 SF
Lot
0.13 ac (5,663 SF)
Zoning code
VR2
APN
MTDS M:021 L:004-001
UPID
US42-0194858
Jurisdiction
MOUNT DESERT
Zoning & alternative use
VR2 · Mount Desert, ME
Zoning VR2 · permitted uses
VR2 · Mount Desert, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1856
Heating
FORCED AIR
Stories
3
Buildings
1
Units
1
Rooms
7
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Douglas J Spurling
Individual
Mailing address
1129 MAIN ST, MOUNT DESERT, ME 04660-6400
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2024
$776,000
Douglas J Spurling
Robin K Williams
Quit Claim Arm's Length For Ne States
$659,600 · Movement Mortgage
Dec 4, 2009
—
Joseph H Nadeau
Reddish,julianna L
Deed Of Trust
related
$220,500 · Bar Harbor Bank & Trust
May 20, 2009
—
Julianna L Reddish-smith
—
Deed Of Trust
related
$35,000 · Bar Harbor Bank & Trust
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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