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Property profile & analytics
OFF-MARKET
Commercial real estate
199 Grey Rd, Greene, ME 04236-3448
Individually Owned
16-yr Hold
Property ID
US42-0029524
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
CONCRETE
Total area
2,791 SF
Lot
5.02 ac (218,671 SF)
Zoning code
RA
APN
GRNE M:14 L:002
UPID
US42-0029524
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gerard R Blais JR. · 16 yrs held
Gerard R Blais JR.
since 2010
7 recorded transactions
Zoning & alternative use
RA · Greene, 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 Greene submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greene 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,063
Tax year 2023
Assessed value
$310,900
Assessed 2023
Previous assessed
$310,900
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$46,200
Assessed improvement
$264,700
Applied tax rate
29,255.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2006
Construction
CONCRETE
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
2,791 SF
Lot
5.02 ac (218,671 SF)
Zoning code
RA
APN
GRNE M:14 L:002
UPID
US42-0029524
Jurisdiction
GREENE
Zoning & alternative use
RA · Greene, ME
Zoning RA · permitted uses
RA · Greene, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greene. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
5.02 ac
Current owner
From public records · entity-resolved
Gerard R Blais JR.
Individual
Mailing address
199 GREY RD, GREENE, ME 04236-3448
Ownership since
2010
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
Jan 27, 2021
—
Gerard R Blais
—
Deed
related
$188,000 · Newrez LLC
Jan 7, 2011
—
Gerard R Blais JR.
—
Deed Of Trust
related
$230,000 · Key Bank NA
Mar 12, 2010
—
Gerard R Blais JR.
Us Bk
Grant Deed
$224,358 · Residential Mortgage Services
Feb 10, 2009
—
Nationstar Mortgage LLC
Philbrook,anthony B
Grant Deed
related
—
Feb 27, 2006
—
Anthony B Philbrook
—
Deed Of Trust
related
$22,408 · Mechanics Savings Bank
Feb 16, 2006
—
Anthony B Philbrook
—
Deed Of Trust
related
$351,000 · Wmc Mortgage Corp
Nov 21, 2005
—
Philbrook,anthony B
—
Grant Deed
related
$22,236 · Mechanics Savings Bank
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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