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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Showrooms
224 Main St Yarmouth, ME 04096-6909
Individually Owned
12-yr Hold
Absentee Owner
Property ID
US42-0407684
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1880
Construction
FRAME
Total area
3,914 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CD4-C1
APN
YMTH M:039 L:013
UPID
US42-0407684
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
-
Sarah Buck, Naturopath LLC Alternative Medicine Practice
-
Gaia Chiropractic Alternative Medicine Practice
-
Dr. Patricia Chanterelle Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$420k
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$845k
Blend (final)
Blend
$615k
Owner & transaction history
Jennifer W Lainey · 12 yrs held
Jennifer W Lainey
since 2013
6 recorded transactions
Zoning & alternative use
CD4-C1 · Yarmouth, 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 Yarmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yarmouth 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
$420,000
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$885,000
Current use
OFFICE BUILDING
$760,000
Change: -14% · Conversion: Easy
RETAIL STORES
$740,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
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
$157 / 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
$11,845
Tax year 2023
Assessed value
$503,200
Assessed 2023
Previous assessed
$494,700
+1.7% YoY
Effective rate
2.35%
On assessed value
Assessed land
$200,200
Assessed improvement
$303,000
Applied tax rate
87,845.0000
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
1880
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
2
Units
8
Rooms
9
Bathrooms
5
Total area
3,914 SF
Lot
1.2 ac (52,272 SF)
Zoning code
CD4-C1
APN
YMTH M:039 L:013
UPID
US42-0407684
Jurisdiction
YARMOUTH
Zoning & alternative use
CD4-C1 · Yarmouth, ME
Zoning CD4-C1 · permitted uses
CD4-C1 · Yarmouth, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yarmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$885,000
OFFICE BUILDING
Est. value
$760,000
RETAIL STORES
Est. value
$740,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
STEAM
Stories
2
Buildings
1
Units
8
Rooms
9
Bathrooms
5
Lot
1.2 ac
Current owner
From public records · entity-resolved
Jennifer W Lainey
Individual
Mailing address
40 LAMBERT RD, FREEPORT, ME 04032-6005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2013
—
Jennifer W Lainey
—
Deed Of Trust
related
$243,000 · Mortgage Master INC
Jun 20, 2012
—
Jennifer W Lainey
—
Deed Of Trust
related
$15,000 · Efficiency Maine T
Jan 4, 2011
—
Jennifer W Lainey
—
Deed Of Trust
related
$272,300 · Regency Mortgage Co
Dec 14, 2009
—
Danny B Lainey
—
Deed Of Trust
related
$292,000 · Northeast Home Loan
Sep 22, 2009
—
Jennifer W Lainey
—
Deed Of Trust
related
$120,000 · Cumberland County Teachers FCU
Jun 8, 2005
—
Danny B Lainey
—
Deed Of Trust
related
$211,000 · Mortgage Lender Net
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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