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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Industrial properties
1893 Main St, Sanford, ME 04073-4402
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US42-0098035
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2000
Construction
STEEL FRAME
Total area
9,800 SF
Lot
2.06 ac (89,734 SF)
Zoning code
AD
APN
SANF M:R18A B:022B
UPID
US42-0098035
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
-
East Coast Mini Classics Production Facility Metal Fabrication Plant
-
KRI-Color Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.18M
Owner & transaction history
Two Old Guys LLC · 1 yrs held
Two Old Guys LLC
since 2024
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
AD · Sanford, 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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.30M (Apr 2 2024)
Last sale anchor
$1.30M
Apr 2 2024
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
$120 / 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
$9,185
Tax year 2023
Assessed value
$606,700
Assessed 2023
Previous assessed
$606,700
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$165,300
Assessed improvement
$441,400
Applied tax rate
65,760.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
RADIANT
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
9,800 SF
Lot
2.06 ac (89,734 SF)
Zoning code
AD
APN
SANF M:R18A B:022B
UPID
US42-0098035
Jurisdiction
SANFORD
Zoning & alternative use
AD · Sanford, ME
Zoning AD · permitted uses
AD · Sanford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Two Old Guys LLC
Entity
Mailing address
27 OLD POST RD, SANFORD, ME 04073-1711
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2024
$1,300,000
Two Old Guys LLC
1893 Main Street LLC
Quit Claim Arm's Length For Ne States
$1,000,000 · Gorham Savings Bank
Nov 19, 2013
—
1893 Main Street LLC
—
Deed Of Trust
related
$168,000 · Sanford Institute For Savings
Nov 1, 2013
—
1893 Main Street LLC
Joanne M Payeur Lt
Warranty Deed
related
—
Jan 29, 2010
—
Joanne M Lt Payeur
Payeur,daniel R
Warranty Deed
related
—
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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