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Property profile & analytics
OFF-MARKET
Estimated value
$6,145,000
Commercial real estate
15 Peabody Dr Mount Desert, ME 04660
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US42-0425726
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1899
Construction
FRAME
Total area
24,867 SF
Lot
15.64 ac (681,278 SF)
Zoning code
SR2
APN
MTDS M:005 L:014-001
UPID
US42-0425726
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.56M
Blend (final)
Blend
$6.15M
Owner & transaction history
Astiou Hospitality LLC · 3 yrs held
Astiou Hospitality LLC
since 2023
Last sale
$7.0M
1 recorded transaction
Zoning & alternative use
SR2 · Mount Desert, 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 Mount Desert submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Desert 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
$5,340,000
ML approach
$5,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.15M
Range $5.53M – $6.76M · ±10% · vs last sale $6.95M (Jul 12 2023)
Last sale anchor
$6.95M
Jul 12 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
$247 / 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
$46,978
Tax year 2023
Assessed value
$5,387,400
Assessed 2023
Previous assessed
$5,387,400
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$2,565,800
Assessed improvement
$2,821,600
Applied tax rate
47,630.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1899
Construction
FRAME
Heating
NONE
Buildings
2
Stories
4
Units
31
Total area
24,867 SF
Lot
15.64 ac (681,278 SF)
Zoning code
SR2
APN
MTDS M:005 L:014-001
UPID
US42-0425726
Jurisdiction
MOUNT DESERT
Zoning & alternative use
SR2 · Mount Desert, ME
Zoning SR2 · permitted uses
SR2 · Mount Desert, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Desert. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1899
Construction
FRAME
Heating
NONE
Stories
4
Buildings
2
Units
31
Lot
15.64 ac
Current owner
From public records · entity-resolved
Astiou Hospitality LLC
Entity
Mailing address
15 PEABODY DR, MOUNT DESERT, ME 04660
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2023
$6,950,000
Astiou Hospitality LLC
Asti-kim Corp
Quit Claim Arm's Length For Ne States
$15,000,000 · Asticou Inv Hldg LLC
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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