Technical
Financial
Distress signals
Property profile

175 Aroostook Ave Millinocket, ME 04462

OFF-MARKET
Banks
Property ID
US42-0242562
0.16 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Lot 0.16 ac (6,970 SF)
Zoning code R1
APN MLNK M:U05 L:145
UPID US42-0242562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

175 Aroostook Ave Millinocket, ME 04462-1336
Millinocket metro Census 30000 BANGOR, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$175k

Owner & transaction history

since 2024
Last sale
$175,000
4 recorded transactions
2024
$175,000
2017
Price N/A
2016
Price N/A
2005
Price N/A

Zoning & alternative use

R1 · Millinocket, ME
Zoning description

The purpose of the Downtown Residential Zone (R1) is to preserve the character of existing downtown residential neighborhoods and to provide high density residential opportunities and neighborhood characteristics within…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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