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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Retail space
17 Westfield St Portland, ME 04102-2790
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US42-0282036
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
18,106 SF
Lot
1.59 ac (69,173 SF)
APN
PTLD M:076 B:A031001
UPID
US42-0282036
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
-
XPress Copy Services Marketing & Advertising Printing Service
-
Bunker Brewing Co Production Facility Brewery & Distillery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$1.73M
Owner & transaction history
17 Westfield Street LLC · 11 yrs held
17 Westfield Street LLC
since 2015
7 recorded transactions
Zoning & alternative use
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 Portland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portland 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
Blend value · Realmo final
$1.73M
Range $1.56M – $1.90M · ±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
$96 / 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
$25,279
Tax year 2023
Assessed value
$1,754,300
Assessed 2023
Previous assessed
$1,754,300
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$519,900
Assessed improvement
$1,234,400
Applied tax rate
60,545.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Heating
SPACE
Buildings
1
Units
1
Total area
18,106 SF
Lot
1.59 ac (69,173 SF)
APN
PTLD M:076 B:A031001
UPID
US42-0282036
Jurisdiction
PORTLAND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1949
Heating
SPACE
Buildings
1
Units
1
Lot
1.59 ac
Current owner
From public records · entity-resolved
17 Westfield Street LLC
Entity
Mailing address
50 MONUMENT SQ STE #200, PORTLAND, ME 04101-4770
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2018
—
17 Westfield Street LLC
—
Deed
related
$200,000 · Longfellow Lending LLC
Jul 27, 2016
—
17 Westfield Street LLC
—
Deed
related
$1,280,000 · Camden Nat'l Bk
Jun 19, 2015
—
17 Westfield Street LLC
Westfield Street Realty LLC
Quit Claim Deed
related
$900,000 · Westfield Street Realty LLC
Apr 24, 2014
—
Westfield St Realty LLC
Marilyn P Bickford Lt
Trustees Deed
related
—
Feb 3, 2011
—
Erving H Bickford Lt
Bickford,erving H
Grant Deed
related
—
—
—
17 Westfield Street LLC
—
Deed Of Trust
related
$1,280,000 · Camden Nat'l Bk
—
—
17 Westfield Street LLC
—
Deed Of Trust
related
$200,000 · Longfellow Lending 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.
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