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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Industrial properties
23 Witchtrot Rd York, ME 03909-5348
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US42-0050799
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2016
Construction
STEEL FRAME
Total area
9,600 SF
Lot
4.07 ac (177,289 SF)
Zoning code
G1
APN
YORK M:0089 B:0042-G
UPID
US42-0050799
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
$1.53M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.46M
Owner & transaction history
Witchtrot LLC · 5 yrs held
Witchtrot LLC
since 2020
4 recorded transactions
Zoning & alternative use
G1 · York, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+95.2%
Restaurant
$1.2M
+60.5%
Retail stores
$985,000
+30.4%
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 York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York 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%
$1,650,000
6.5%
$1,525,000
7%
$1,415,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,475,000
Change: +95% · Conversion: Difficult
RESTAURANT
$1,215,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$985,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$975,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±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
$152 / 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
$9,952
Tax year 2023
Assessed value
$1,177,800
Assessed 2023
Previous assessed
$1,177,800
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$273,500
Assessed improvement
$904,300
Applied tax rate
87,985.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
3
Stories
1
Units
3
Rooms
3
Total area
9,600 SF
Lot
4.07 ac (177,289 SF)
Zoning code
G1
APN
YORK M:0089 B:0042-G
UPID
US42-0050799
Jurisdiction
YORK
Zoning & alternative use
G1 · York, ME
Zoning G1 · permitted uses
G1 · York, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.5M
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$975,000
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
2016
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
3
Units
3
Rooms
3
Lot
4.07 ac
Current owner
From public records · entity-resolved
Witchtrot LLC
Entity
Mailing address
23 WITCHTROT RDA, YORK, ME 03909-5348
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Sep 17, 2020
—
Witchtrot LLC
—
Deed
related
$990,000 · Kennebunk Savings Bank
Jun 11, 2019
—
Witchtrot LLC
—
Deed
related
$200,000 · Kennebunk Savings Bank
Mar 7, 2018
—
Witchtrot LLC
—
Deed
related
$260,000 · Kennebunk Svgs Bank
Oct 10, 2017
—
Witchtrot LLC
—
Deed
related
$300,000 · Kennebunk Svgs 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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