Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,710,000
Commercial real estate
12 Main St Gray, ME 04039-9407
Entity Owned
3-yr Hold
Property ID
US42-0881020
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1865
Total area
2,579 SF
Lot
1.36 ac (59,242 SF)
Zoning code
VILLAG
APN
GRAY M:043 B:405 L:006-000
UPID
US42-0881020
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
-
Coin Cloud Bitcoin ATM Kiosk Atm
-
Cumberland Farms Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.71M
Owner & transaction history
Obsidian Ml 7 LLC · 3 yrs held
Obsidian Ml 7 LLC
since 2023
Last sale
$6.7M
4 recorded transactions
Zoning & alternative use
VILLAG · Gray, 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 Gray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gray 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
$6,535,000
ML approach
$6,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.71M
Range $6.04M – $7.38M · ±10% · vs last sale $6.73M (May 24 2023)
Last sale anchor
$6.73M
May 24 2023
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
$2,602 / 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
$15,538
Tax year 2023
Assessed value
$1,023,600
Assessed 2023
Previous assessed
$1,023,600
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$172,000
Assessed improvement
$851,600
Applied tax rate
28,870.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1865
Heating
HOT WATER
Units
1
Rooms
6
Bathrooms
2
Total area
2,579 SF
Lot
1.36 ac (59,242 SF)
Zoning code
VILLAG
APN
GRAY M:043 B:405 L:006-000
UPID
US42-0881020
Jurisdiction
GRAY
Zoning & alternative use
VILLAG · Gray, ME
Zoning VILLAG · permitted uses
VILLAG · Gray, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gray. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1865
Heating
HOT WATER
Units
1
Rooms
6
Bathrooms
2
Lot
1.36 ac
Current owner
From public records · entity-resolved
Obsidian Ml 7 LLC
Entity
Mailing address
12 MAIN ST, GRAY, ME 04039-9407
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$6,734,513
Obsidian Ml 7 LLC
Cfi Propco 2 LLC
Quit Claim Arm's Length For Ne States
—
Apr 30, 2020
—
Cfi Propco 2 LLC
Cumberland Farms INC
Warranty Deed
related
—
Mar 17, 2008
—
Garth R Adams
—
Deed Of Trust
related
$177,000 · Countrywide Bank
Apr 3, 2006
—
Garth R Adams
—
Deed Of Trust
related
$50,000 · American Mortgage Network INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
