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Property profile & analytics
OFF-MARKET
Motels
2980 Atlantic Hwy Warren, ME 04864-4652
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US42-0300495
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1955
Total area
1,104 SF
Lot
35 ac (1,524,600 SF)
Zoning code
SEASON
APN
WRRR M:R08 L:050
UPID
US42-0300495
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
-
Pine State Storage Warren Storage Facility
-
Ipostal1 Post Office
-
Travelers Motel & U-Haul Hotel & Motel
-
ONE-STOP Auto Doc Auto Repair Shop
-
U-Haul Neighborhood Dealer Car Rental Facility
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
2980 Atlantic Hwy LLC · 13 yrs held
2980 Atlantic Hwy LLC
since 2012
3 recorded transactions
Zoning & alternative use
SEASON · Warren, 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 Warren submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warren 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
$3,521
Tax year 2023
Assessed value
$253,300
Assessed 2023
Previous assessed
$253,300
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$181,000
Assessed improvement
$72,300
Applied tax rate
80,215.0000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1955
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
1,104 SF
Lot
35 ac (1,524,600 SF)
Zoning code
SEASON
APN
WRRR M:R08 L:050
UPID
US42-0300495
Jurisdiction
WARREN
Zoning & alternative use
SEASON · Warren, MEZoning SEASON · permitted uses
SEASON · Warren, ME
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
1955
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
35 ac
Current owner
From public records · entity-resolved
2980 Atlantic Hwy LLC
Entity
Mailing address
462 STONE RD, UNION, ME 04862-5248
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 7, 2023
—
Michael J Johnson
—
Deed
related
$424,900 · Bangor Savings Bank
Sep 25, 2012
—
2980 Atlantic Hwy LLC
Perl,justin O & Erica L
Warranty Deed
related
$132,500 · Misc Other
Aug 3, 2009
—
Gordon Barr
—
Deed Of Trust
related
$110,880 · The First 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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