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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Commercial real estate
251 Main St Yarmouth, ME 04096-4705
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0303616
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1855
Total area
4,018 SF
Lot
0.77 ac (33,541 SF)
Zoning code
17
APN
YMTH M:038 L:002
UPID
US42-0303616
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
-
Holistic Healing For Animals Veterinary Clinic
-
David A. Marks, PhD Physician
-
Yarmouth Educational Consultants Consultant
-
Sarah Filliter, Nationally Certified Reflexologist Alternative Medicine Practice Spa & Massage Center
-
Curtin Andrew C Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$563k
Blend (final)
Blend
$690k
Owner & transaction history
Nest Eggs LLC · 6 yrs held
Nest Eggs LLC
since 2020
1 recorded transaction
Zoning & alternative use
17 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$830,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$905,000
Current use
OFFICE BUILDING
$780,000
Change: -14% · Conversion: Easy
RETAIL STORES
$760,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$172 / 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
$14,920
Tax year 2023
Assessed value
$633,800
Assessed 2023
Previous assessed
$633,800
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$185,700
Assessed improvement
$448,100
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1855
Heating
NONE
Cooling
YES
Buildings
2
Units
6
Total area
4,018 SF
Lot
0.77 ac (33,541 SF)
Zoning code
17
APN
YMTH M:038 L:002
UPID
US42-0303616
Jurisdiction
YARMOUTH
Zoning & alternative use
17 · Yarmouth, MEZoning 17 · permitted uses
17 · Yarmouth, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 701
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$905,000
OFFICE BUILDING
Est. value
$780,000
RETAIL STORES
Est. value
$760,000
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
1855
Heating
NONE
Cooling
Yes
Buildings
2
Units
6
Lot
0.77 ac
Current owner
From public records · entity-resolved
Nest Eggs LLC
Entity
Mailing address
142 W ELM ST, YARMOUTH, ME 04096-7903
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2020
—
Nest Eggs LLC
—
Deed
related
$410,000 · Td Bank 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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