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Financial
Distress signals
Property profile

117 Mill St Orono, ME 04473

FOR SALE
Other investment properties
Property ID
US42-0430144
4,560 SF 0.25 ac lot Built 1910
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A vacant three-story mixed-use building located at 117 Mill Street in Orono, with flexible interior and tenant-layout potential for residential, office, and commercial uses (subject to local approvals and permitted zoning). The property is designed to allow leasing structures without existing tenancy constraints and includes in-unit washer and dryer connections in residential units, with one unit having been configured as furnished. The building has had recent improvements including updated…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$359k
Assessed land$40k
Assessed improvement$319k
Effective rate2.34%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$4k
Operating expenses−$31k
NOI · 7.08% cap applied$38k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$117/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$53 – $178

Cap rate analysis

How does the asset earn?
7.08%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionORONO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply9.7
HVAC Service9.4
Nail Salon8.8

Location

117 Mill St Orono, ME 04473
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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