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Property profile & analytics
OFF-MARKET
Investment properties
243 Mitchell Rd Cape Elizabeth, ME 04107-1213
Individually Owned
~
Est. High Equity
Property ID
US42-0377871
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
2 ac (87,120 SF)
Zoning code
RC
APN
CAPE U33029000000
UPID
US42-0377871
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
Timothy A Cousins
Timothy A Cousins
since 2025
6 recorded transactions
Zoning & alternative use
RC · Cape Elizabeth, 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 Cape Elizabeth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape Elizabeth 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
$51,967
Tax year 2023
Assessed value
$1,163,100
Assessed 2023
Previous assessed
$2,326,200
-50.0% YoY
Effective rate
4.47%
On assessed value
Assessed land
$300,600
Assessed improvement
$862,500
Applied tax rate
10,180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Buildings
2
Lot
2 ac (87,120 SF)
Zoning code
RC
APN
CAPE U33029000000
UPID
US42-0377871
Jurisdiction
CAPE ELIZABETH
Zoning & alternative use
RC · Cape Elizabeth, ME
Zoning RC · permitted uses
RC · Cape Elizabeth, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape Elizabeth. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Timothy A Cousins
Individual
Mailing address
243 MITCHELL RD, CAPE ELIZABETH, ME 04107-1213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Sep 23, 2025
$1,500,000
Timothy A Cousins
James Glanville
Warranty Deed
$500,000 · Evergreen Cu
Dec 8, 2022
—
James Glanville
—
Deed
related
$360,000 · Saco & Biddeford Savings
Jul 8, 2021
—
James Glanville
—
Deed
related
$140,007 · Saco & Biddeford Savings
Jan 12, 2018
—
Bryant J Nicholson
—
Deed
related
$447,600 · Norway Savings Bank
Jul 18, 2008
—
Bryant J Nicholson
—
Deed Of Trust
related
$200,000 · Norway Savings Bank
Apr 12, 2006
—
Bryant Nicholson
—
Deed Of Trust
related
$100,000 · Norway 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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