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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
279 York St York, ME 03909-1023
Entity Owned
5-yr Hold
Property ID
US42-0164740
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2004
Total area
2,625 SF
Lot
0.16 ac (6,970 SF)
Zoning code
G3
APN
YORK M:0050 B:0016
UPID
US42-0164740
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
-
Bean Group Real Estate Agency
-
Seacoast Real Estate Professionals | Buy and Sell with Janna Syrene Real Estate Agency
-
Brennan and Rogers, PLLC Law Firm
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
279 York St LLC · 5 yrs held
279 York St LLC
since 2020
5 recorded transactions
Zoning & alternative use
G3 · York, 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 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
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
$6,386
Tax year 2023
Assessed value
$755,700
Assessed 2023
Previous assessed
$755,700
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$387,600
Assessed improvement
$368,100
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2004
Heating
HOT WATER
Buildings
1
Stories
2
Units
3
Rooms
6
Total area
2,625 SF
Lot
0.16 ac (6,970 SF)
Zoning code
G3
APN
YORK M:0050 B:0016
UPID
US42-0164740
Jurisdiction
YORK
Zoning & alternative use
G3 · York, ME
Zoning G3 · permitted uses
G3 · 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.
Building & site characteristics
From public records
Year built
2004
Heating
HOT WATER
Stories
2
Buildings
1
Units
3
Rooms
6
Lot
0.16 ac
Current owner
From public records · entity-resolved
279 York St LLC
Entity
Mailing address
279 YORK ST, YORK, ME 03909-1023
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2020
—
279 York St LLC
Granite State Pioneer Grp
Warranty Deed
$255,000 · Provident Bank
Feb 13, 2018
—
Granite State Pioneer Grp
Francis X Reilly III
Warranty Deed
$430,000 · Provident Bank
Jan 17, 2014
—
Ilwt LLC
Reilly,francis X 3rd
Quit Claim Deed
related
—
Dec 10, 2013
—
Francis X Reilly 3rd
—
Deed Of Trust
related
$455,000 · Savings Bank Of Maine
Jul 27, 2009
—
Francis X Reilly
—
Deed Of Trust
related
$76,000 · Misc Other
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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