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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Turn key restaurants
233 Rte 1st 1 Yarmouth, ME 04096-6726
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US42-0397413
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Construction
FRAME
Total area
2,207 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CD4-C1
APN
YMTH M:031 L:025
UPID
US42-0397413
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
$925k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$940k
Owner & transaction history
Southworth Investmetns Ll · 2 yrs held
Southworth Investmetns Ll
since 2024
Last sale
$973,000
7 recorded transactions
Zoning & alternative use
CD4-C1 · Yarmouth, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
CHAPTER 701
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
$880,000
ML approach
$925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±10% · vs last sale $973k (Jan 15 2025)
Last sale anchor
$973k
Jan 15 2025
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
$426 / 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
$13,208
Tax year 2023
Assessed value
$561,100
Assessed 2023
Previous assessed
$561,100
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$351,600
Assessed improvement
$209,500
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1957
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,207 SF
Lot
0.72 ac (31,363 SF)
Zoning code
CD4-C1
APN
YMTH M:031 L:025
UPID
US42-0397413
Jurisdiction
YARMOUTH
Zoning & alternative use
CD4-C1 · Yarmouth, MEZoning 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
Source
CHAPTER 701
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.72 ac
Current owner
From public records · entity-resolved
Southworth Investmetns Ll
Individual
Mailing address
233 RTE 1ST 1, YARMOUTH, ME 04096-6726
Ownership since
2024
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
May 16, 2024
$650,000
Southworth Investmetns Ll
Cone Cladicals LLC
Quit Claim Arm's Length For Ne States
$600,000 · Sunrise Housing LLC
Jun 21, 2022
—
Cone Cladicals LLC
Woodside Ests Mansfield
Quit Claim Deed
related
$620,000 · Gorham Savings Bank
Jul 13, 2018
—
Margaret L Kyle
Jjk Properties LLC
Grant Deed
related
—
Jun 29, 2017
—
Margaret L Kyle
Grill 223 LLC
Quit Claim Arm's Length For Ne States
—
Apr 30, 2014
—
Grill 233 LLC
—
Grant Deed
related
$15,000 · Td Bk NA
—
—
Jjk Properties LLC
—
Loan Modification
related
$30,000 · Td Bk NA
—
—
Grill 233 LLC
—
Deed Of Trust
related
$15,000 · Td Bk NA
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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