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Property profile & analytics
OFF-MARKET
Estimated value
$7,515,000
Hospitals
12 High St, Lewiston, ME 04240-7676
Entity Owned
Absentee Owner
Free & Clear
Property ID
US42-0848200
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
1994
Total area
106,600 SF
Lot
0.73 ac (31,799 SF)
APN
LEWI M:194 L:001 U:12312
UPID
US42-0848200
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
-
Heather Carpenter, N.P. Physician
-
CMMC Outpatient Lab Medical Laboratory Blood Testing Service
-
Central Maine Medical Center: Sedgwick Amy K MD Physician
-
Central Maine Surgical Associates: Schumacher Steven MD Physician
-
The Y at CMMC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.59M
Blend (final)
Blend
$7.52M
Owner & transaction history
12 HIGH ST
12 HIGH ST
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$10.2M
+77.1%
Restaurant
$7.1M
+23.8%
Retail stores
$6.1M
+5.9%
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 Lewiston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lewiston 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
MEDICAL BUILDING
$5,755,000
Current use
AUTO REPAIR, GARAGE
$10,185,000
Change: +77% · Conversion: Difficult
RESTAURANT
$7,120,000
Change: +24% · Conversion: Difficult
RETAIL STORES
$6,090,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,910,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$4,785,000
Change: -17% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,620,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$7.52M
Range $6.76M – $8.27M · ±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
$70 / 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
$419,187
Tax year 2023
Assessed value
$13,972,900
Assessed 2023
Previous assessed
$13,972,900
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$162,230
Assessed improvement
$13,810,670
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Total area
106,600 SF
Lot
0.73 ac (31,799 SF)
APN
LEWI M:194 L:001 U:12312
UPID
US42-0848200
Jurisdiction
LEWISTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$10.2M
RESTAURANT
Est. value
$7.1M
RETAIL STORES
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.9M
OFFICE BUILDING
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$4.6M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1994
Heating
FORCED AIR
Lot
0.73 ac
Current owner
From public records · entity-resolved
12 HIGH ST
Individual
Free & Clear · 0 yrs held
Mailing address
29 LOWELL ST, LEWISTON, ME 04240-7639
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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