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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Super regional malls
124 Sabattus Rd Sabattus, ME 04280
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US42-0029213
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,434 SF
Lot
2.24 ac (97,574 SF)
Zoning code
SWR
APN
SABA M:011 L:0007-001
UPID
US42-0029213
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Bm Rancourt LLC · 9 yrs held
Bm Rancourt LLC
since 2016
4 recorded transactions
Zoning & alternative use
SWR · Sabattus, 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 Sabattus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sabattus 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
AUTO REPAIR, GARAGE
$1,120,000
Change: 0% · Conversion: Difficult
RESTAURANT
$905,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$730,000
Change: 0% · Conversion: Easy
MEDICAL BUILDING
$710,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$685,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$650,000
Change: 0% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$635,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±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
$74 / 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
$11,979
Tax year 2023
Assessed value
$656,400
Assessed 2023
Previous assessed
$656,400
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$36,700
Assessed improvement
$619,700
Applied tax rate
64,570.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
BASEBOARD
Buildings
1
Stories
1
Units
5
Bathrooms
7
Total area
11,434 SF
Lot
2.24 ac (97,574 SF)
Zoning code
SWR
APN
SABA M:011 L:0007-001
UPID
US42-0029213
Jurisdiction
SABATTUS
Zoning & alternative use
SWR · Sabattus, ME
Zoning SWR · permitted uses
SWR · Sabattus, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sabattus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$730,000
MEDICAL BUILDING
Est. value
$710,000
RETAIL STORES
Est. value
$685,000
OFFICE BUILDING
Est. value
$650,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$635,000
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
BASEBOARD
Stories
1
Buildings
1
Units
5
Bathrooms
7
Lot
2.24 ac
Current owner
From public records · entity-resolved
Bm Rancourt LLC
Entity
Mailing address
457 COLLEGE ST, LEWISTON, ME 04240-5360
Ownership since
2016
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
Nov 14, 2016
—
Bm Rancourt LLC
Mcy Real Estate LLC
Intrafamily Transfer
related
$611,250 · Norway Savings Bank
Feb 28, 2014
—
Mcy Real Estate LLC
—
Grant Deed
related
$60,000 · Turner Dana
Nov 16, 2012
—
Mcy Real Estate LLC
—
Deed Of Trust
related
$60,000 · Polycomp T Co
Sep 21, 2012
—
Mgm Sabattus LLC
Sabattus Town Of
Quit Claim 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.
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