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Property profile & analytics
FOR LEASE
Office buildings
28 Meadow Rd Augusta, ME 04330
Entity Owned
~
Est. High Equity
Property ID
US42-0908781
For Lease
1 / 5
$12 SF/Yr
28 Meadow Rd, Augusta, ME 04330
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Construction
FRAME
Total area
4,314 SF
Lot
2.03 ac (88,427 SF)
APN
AUGU M:00019 B:00046 L:00000
UPID
US42-0908781
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
-
Mainely Driving Academy Training Center Vocational School
-
VTC Tech - Maine Managed IT Services Tech Support Center IT Consulting Firm
-
Maine State Troopers Associates Department Of Public Safety Police Department
-
Pretty/Lovely Waxbar & Aesthetics Spa & Massage Center Skin Care Clinic
-
The Collective CoWork Office Hub Coworking & Hybrid Office
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
28 Meadow Partners LLC
28 Meadow Partners LLC
since 2025
7 recorded transactions
Zoning & alternative use
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 Augusta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Augusta 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
$6,486
Tax year 2023
Assessed value
$282,500
Assessed 2023
Previous assessed
$282,500
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$92,800
Assessed improvement
$189,700
Applied tax rate
2,100.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1957
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
4,314 SF
Lot
2.03 ac (88,427 SF)
APN
AUGU M:00019 B:00046 L:00000
UPID
US42-0908781
Jurisdiction
AUGUSTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
2.03 ac
Current owner
From public records · entity-resolved
28 Meadow Partners LLC
Entity
Mailing address
4 PARK ST, FARMINGDALE, ME 04344-2964
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2025
$550,000
28 Meadow Partners LLC
Kennebec Capital Vent LLC
Deed
$440,000 · Cport Credit Union
May 14, 2024
—
Kennebec Capital Vent LLC
—
Deed
related
$60,000 · Delameterfarris LLC
Aug 14, 2023
—
Kennebec Capital Vent LLC
—
Deed
related
$283,000 · Franklin Savings Bank
Jun 3, 2022
—
Kennebec Capital Vent LLC
—
Deed
related
$280,000 · Dirigo Federal Credit Union
Jan 11, 2022
—
Kennebec Capital Vent LLC
—
Deed
related
$135,000 · Delameterfarris LLC
Dec 13, 2021
—
Kennebec Capital Vent LLC
Maine State Troopers Assn
Warranty Deed
—
Mar 31, 2006
—
Maine State Troopers Assn
Colbath Karl B Est
Personal Representative Deed
$199,920 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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