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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Retail properties & Spaces
130 Main St Winthrop, ME 04364-1435
Individually Owned
18-yr Hold
Free & Clear
Property ID
US42-0139441
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1880
Construction
FRAME
Total area
4,494 SF
Lot
0.27 ac (11,761 SF)
Zoning code
V
APN
WINP M:031 L:068
UPID
US42-0139441
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
-
3 Dog Dad (Bike/Boat/Book/etc) Store Pet Store
-
Mariposa (Bike/Boat/Book/etc) Store
-
RISE - A Wellness Studio Gym & Fitness Center Alternative Medicine Practice
-
Pickle's Potions, LLC Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$670k
Comparable Approach
Comparable
$527k
Blend (final)
Blend
$505k
Owner & transaction history
Christopher Walters · 18 yrs held
Christopher Walters
since 2008
1 recorded transaction
Zoning & alternative use
V · Winthrop, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$445,000
+19.4%
Office building
$375,000
+1.2%
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 Winthrop submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winthrop 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%
$725,000
6.5%
$670,000
7%
$620,000
Alternative Use
Use
Estimation
RETAIL STORES
$375,000
Current use
COMMERCIAL (GENERAL)
$445,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$375,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$112 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,389
Tax year 2022
Assessed value
$339,400
Assessed 2022
Previous assessed
$339,400
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$47,800
Assessed improvement
$291,600
Applied tax rate
86,970.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
5
Rooms
11
Bathrooms
5
Total area
4,494 SF
Lot
0.27 ac (11,761 SF)
Zoning code
V
APN
WINP M:031 L:068
UPID
US42-0139441
Jurisdiction
WINTHROP
Zoning & alternative use
V · Winthrop, ME
Zoning V · permitted uses
V · Winthrop, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winthrop. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$375,000
COMMERCIAL (GENERAL)
Est. value
$445,000
OFFICE BUILDING
Est. value
$375,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1880
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
5
Rooms
11
Bathrooms
5
Lot
0.27 ac
Current owner
From public records · entity-resolved
Christopher Walters
Individual
Free & Clear · 18 yrs held
Mailing address
79 OCEAN ST APT 1K, SOUTH PORTLAND, ME 04106-2875
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2008
—
Christopher Walters
New England Holdings LLC
Quit Claim Arm's Length For Ne States
—
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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