293 Western Ave Hampden, ME 04444-1001
Entity Owned
Absentee Owner
Free & Clear
Estimated value (blended)
$405k
Range $365k – $446k (±10%)
Implied cap rate
9.10%
In-place · NOI ÷ last sale
Property ID
US42-0526706
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1963
Total area
6,240 SF
Lot
3.21 ac (139,828 SF)
Zoning code
33 - C
APN
HAMN M:29 B:0 L:014-1
UPID
US42-0526706
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$736k
Blend (final)
Blend
$405k
Owner & transaction history
Zoning & alternative use
33 - C · Hampden, ME
Top alternative use upside
Commercial (general)
$725,000
+32.1%
Restaurant
$620,000
+12.8%
Auto repair, garage
$605,000
+10.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
5 alternative uses screened
Sensitivity value band
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Summary
1
Valuation conclusion
Included free
Estimated market value
$405k
Value range
$365k – $446k
±10% around blend
Estimated value / SF
$65 / SF
Confidence
Property data
88
Comparable evidence
60
$365k
blend $405k
$446k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,240 SF
Lot area
3.21 ac
Year built
1963
Stories
1
APN
HAMN M:29 B:0 L:014-1
Assessed value
$714,000
Annual tax
$11,174
3
Income approach: direct capitalization
Partial preview
Income approach indication
$565k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$615k
@ 6.5% CAP return
$565k
@ 7% CAP return
$525k
4
Sales comparison
Partial preview
Sales approach indication
$736k
Range $174k – $1.04M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$405k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+32%
vs current-use indication
Restaurant
Auto Repair, Garage
Industrial (general) · current use
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
9.10%
Implied, in-place cap rate for this industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.10%
9.0%
NOI (est.)
$50k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$549k
Move the market yield to see immediate price impact.
Value / SF
$88
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.60%9.10%9.60%
$45k
$523k
$494k
$469k
$50k
$581k
$549k
$521k
$55k
$639k
$604k
$573k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,174
Tax year 2024
Assessed value
$714,000
Assessed 2024
Previous assessed
$586,300
+21.8% YoY
Effective rate
1.56%
On assessed value
Assessed land
$213,000
Assessed improvement
$501,000
Applied tax rate
30,795.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1963
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
6,240 SF
Lot
3.21 ac (139,828 SF)
Zoning code
33 - C
APN
HAMN M:29 B:0 L:014-1
UPID
US42-0526706
Jurisdiction
HAMPDEN
Zoning & alternative use
33 - C · Hampden, MEZoning 33 - C · permitted uses
33 - C · Hampden, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
3.21 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
33 - C
Jurisdiction
Hampden, ME
Recorded code
33 - C
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 33 - C in Hampden, ME.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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