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Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Showrooms
199 Main St Saco, ME 04072-1508
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US42-0191191
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1869
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,090 SF
Lot
0.13 ac (5,663 SF)
Zoning code
B-3
APN
SACO M:031 L:080 U:000-000
UPID
US42-0191191
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
-
Damian Pisano Norcom Mortgage NMLS ID 801432 Loan Service Bank
-
Attorneys at Law Smith Elliott Smith & Garmey Law Firm Child Welfare Organization
-
Gale Jon C Law Firm
-
Lovell Karen B Law Firm
-
Bryan Daley Mortgage Lender Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Johnson Brothers Me Rlty · 8 yrs held
Johnson Brothers Me Rlty
since 2017
5 recorded transactions
Zoning & alternative use
B-3 · Saco, 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 Saco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saco 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
$114 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$14,186
Tax year 2022
Assessed value
$773,900
Assessed 2022
Previous assessed
$773,900
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$109,000
Assessed improvement
$664,900
Applied tax rate
64,675.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1869
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
3
Total area
12,090 SF
Lot
0.13 ac (5,663 SF)
Zoning code
B-3
APN
SACO M:031 L:080 U:000-000
UPID
US42-0191191
Jurisdiction
SACO
Zoning & alternative use
B-3 · Saco, ME
Zoning B-3 · permitted uses
B-3 · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1869
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Johnson Brothers Me Rlty
Individual
Mailing address
55 SAND IS LN, OTISFIELD, ME 04270-6226
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 26, 2020
—
Johnson Brothers Me Rlty
—
Deed
related
$7,200,000 · Td Bank NA
Jan 10, 2018
—
Johnson Brothers Me Rlty
—
Deed
related
$3,288,000 · Td Bank NA
Sep 21, 2017
—
Johnson Brothers Me Rlty
199 Main Street LLC
Quit Claim Arm's Length For Ne States
$1,275,000 · Td Bank NA
Jan 29, 2015
—
Steven J Bentley
Bentley,steven J
Quit Claim Deed
related
$303,000 · Regency Mtg
Mar 2, 2006
—
Elliott Smith Smith
Saco City Of
Grant 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.
Try Rey
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