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Property profile & analytics
OFF-MARKET
Individual retail properties
35 Military St Houlton, ME 04730-1713
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0394552
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1973
Total area
3,610 SF
Lot
1.21 ac (52,708 SF)
Zoning code
B
APN
HOUL M:040 B:1 L:050
UPID
US42-0394552
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
-
Military Street Laundromat (Bike/Boat/Book/etc) Store
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
Elaine M Boulier · 5 yrs held
Elaine M Boulier
since 2020
3 recorded transactions
Zoning & alternative use
B · Houlton, ME
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 Houlton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houlton 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
$3,446
Tax year 2023
Assessed value
$167,300
Assessed 2023
Previous assessed
$143,500
+16.6% YoY
Effective rate
2.06%
On assessed value
Assessed land
$37,700
Assessed improvement
$129,600
Applied tax rate
33,980.0000
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
Individual retail properties
Use group
DRY CLEANER
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
3,610 SF
Lot
1.21 ac (52,708 SF)
Zoning code
B
APN
HOUL M:040 B:1 L:050
UPID
US42-0394552
Jurisdiction
HOULTON
Zoning & alternative use
B · Houlton, MEZoning B · permitted uses
B · Houlton, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning Ordinance 01 2022
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Elaine M Boulier
Individual
Mailing address
15 INDUSTRIAL ST, PRESQUE ISLE, ME 04769-2537
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2020
—
Elaine M Boulier
—
Deed
related
$71,500 · County FCU
Dec 23, 2014
—
Todd P Hedrich
—
Grant Deed
related
$237,400 · Katahdin Tr Co
—
—
Elaine M Boulier
—
Deed Of Trust
related
$71,500 · County FCU
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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