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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Office buildings
301 Main St, Saco, ME 04072-1556
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US42-0215749
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1860
Construction
FRAME
Total area
3,720 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B-7
APN
SACO M:031 L:005 U:000-000
UPID
US42-0215749
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
-
Hair By Karen Hair Salon Nail Salon
-
Blessings Counselor Alternative Medicine Practitioner
-
Payroll Matters Accounting Firm Tax Preparation
-
Saco Audiology & Hearing Aid Medical Clinic
-
Marty Layne Audiology Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$555k
Owner & transaction history
Nowa Exchange Prop LLC · 3 yrs held
Nowa Exchange Prop LLC
since 2022
7 recorded transactions
Zoning & alternative use
B-7 · Saco, 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 Saco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saco 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$720,000
Current use
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$149 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,638
Tax year 2022
Assessed value
$362,140
Assessed 2022
Previous assessed
$362,140
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$125,300
Assessed improvement
$236,840
Applied tax rate
64,675.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1860
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
4
Total area
3,720 SF
Lot
0.15 ac (6,534 SF)
Zoning code
B-7
APN
SACO M:031 L:005 U:000-000
UPID
US42-0215749
Jurisdiction
SACO
Zoning & alternative use
B-7 · Saco, ME
Zoning B-7 · permitted uses
B-7 · Saco, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$720,000
OFFICE BUILDING Current
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
1860
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
4
Lot
0.15 ac
Current owner
From public records · entity-resolved
Nowa Exchange Prop LLC
Entity
Mailing address
21 LOW ST, NEWBURYPORT, MA 01950-4047
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2023
—
Nowa Exchange Prop LLC
—
Deed
related
$262,500 · Service Cu
Jul 29, 2022
—
Nowa Exchange Prop LLC
Third Generation Invs Cpr
Quit Claim Deed
related
—
Apr 19, 2017
—
Mrf Saco LLC
301 Main Street INC
Warranty Deed
related
—
Jun 2, 2009
—
301 Main Street INC
—
Deed Of Trust
related
$74,000 · Savings Bank Of Maine
Sep 15, 2008
—
301 Main Street INC
—
Deed Of Trust
related
$30,000 · Rivergreen Bank
Apr 29, 2008
—
301 Main Street INC
—
Deed Of Trust
related
$454,500 · Rivergreen Bank
Apr 22, 2008
—
301 Main Street INC
—
Deed Of Trust
related
$550,000 · Rivergreen Bank
Jul 28, 2006
—
307 Main Street INC
—
Deed Of Trust
related
$100,000 · Rivergreen Bank
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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