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    Property profile & analytics

    19 Ml St Orono, ME 04473-4094

    • Retail properties
    • 9,267 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Location Intelligence
    Property ID
    US42-0386469
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Yamas Bar and Grill / Seafood Restaurant / Steak House
    • arbor psychiatry PLLC / Mental Health Service
    • Lamplight Psychiatry / Psychiatrist
    • Black Bear Microbrewery / Bar / Brewery

    Property Details for 19 Ml St

    Year built
    1945
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    9,267 SF
    Property type
    Retail properties
    APN
    ORON M:027-012 L:007
    APU
    ORONM027012L007

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $350,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $475,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $425,000
      Geo Method
      $510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $465,000
      Mixed-Use
      $470,000
      Hospitality
      $490,000
      Educational
      $485,000
      Residential Income
      $435,000
      Energy
      $495,000
      Income-Based Land
      $505,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Orono
    County
    Penobscot
    State
    Maine
    Longitude
    -68.6713
    Latitude
    44.8831
    CBSA code
    12620
    CBSA name
    BANGOR, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,978
    $50,000
    $504,600
    $554,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,794 SF

      103 Park St

      DEPARTMENT STORE • 4,794 SF
      103 Park St, Orono, ME 04473-4477
      View Details
    • Value Estimation
      $370,000
      2,501 SF

      53 Main St

      DEPARTMENT STORE • 2,501 SF
      53 Main St, Orono, ME 04473-4001
      View Details
    • Value Estimation
      $410,000
      12,000 SF

      29 Stillwater Ave

      DEPARTMENT STORE • 12,000 SF
      29 Stillwater Ave, Orono, ME 04473-3450
      View Details
    • Value Estimation
      $345,000
      1,776 SF

      153 Taylor Rd

      DEPARTMENT STORE • 1,776 SF
      153 Taylor Rd, Orono, ME 04473
      View Details
    • Value Estimation
      $325,000
      3,526 SF

      291 Main St

      DEPARTMENT STORE • 3,526 SF
      291 Main St, Orono, ME 04473-3439
      View Details
    • Value Estimation
      $305,000
      1,300 SF

      32 Stillwater Ave

      DEPARTMENT STORE • 1,300 SF
      32 Stillwater Ave, Orono, ME 04473-3454
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,600 SF

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      Retail space available in a high-traffic Orono location.
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    • Contact for pricing
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    Orono, ME 04473-4094
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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