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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Showrooms
1500 Technology Way Scarborough, ME 04074-7648
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US42-0437858
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Total area
18,272 SF
Lot
2 ac (87,120 SF)
Zoning code
24
APN
SCAR M:U039 L:4730
UPID
US42-0437858
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
-
Maine Veterinary Referral Center: Potthoff Alan DVM Veterinary Clinic
-
Maine Veterinary Medical Center Veterinary Clinic
-
Maine Veterinary Referral Center: Banikiotes Alithea DVM Veterinary Clinic
-
Cowan Kevin DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$2.35M
Owner & transaction history
Keeper Scarborough LLC · 5 yrs held
Keeper Scarborough LLC
since 2020
5 recorded transactions
Zoning & alternative use
24 · Scarborough, 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 Scarborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scarborough 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
OFFICE BUILDING
$3,535,000
Change: -14% · Conversion: Easy
RETAIL STORES
$3,465,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±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
$128 / 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
$40,957
Tax year 2023
Assessed value
$2,564,600
Assessed 2023
Previous assessed
$2,564,600
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$429,000
Assessed improvement
$2,135,600
Applied tax rate
66,145.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
18,272 SF
Lot
2 ac (87,120 SF)
Zoning code
24
APN
SCAR M:U039 L:4730
UPID
US42-0437858
Jurisdiction
SCARBOROUGH
Zoning & alternative use
24 · Scarborough, ME
Zoning 24 · permitted uses
24 · Scarborough, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scarborough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.5M
RETAIL STORES
Est. value
$3.5M
OFFICE BUILDING
RETAIL STORES
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Keeper Scarborough LLC
Entity
Mailing address
2870 PEACHTREE RD NW #915, ATLANTA, GA 30305-2918
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2021
—
Keeper Scarborough LLC
—
Deed
related
$245,000 · 1st National Bank
Aug 21, 2020
—
Keeper Scarborough LLC
Bpj LLC
Quit Claim Arm's Length For Ne States
$3,770,000 · 1st National Bank
Sep 18, 2019
—
Bpj LLC
—
Deed
related
$1,300,000 · Camden National Bank
Jun 27, 2013
—
Bpj LLC
—
Deed Of Trust
related
$100,000 · Finance Authority Of Maine
Feb 9, 2007
—
Bpj LLC
Commercial Place LLC
Grant Deed
$1,318,192 · Maine Bank & Trust Co
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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