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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Showrooms
39 Sparks Ave Brewer, ME 04412-1449
Entity Owned
4-yr Hold
Free & Clear
Property ID
US42-0111335
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
STEEL FRAME
Total area
16,562 SF
Lot
1.15 ac (50,094 SF)
Zoning code
GB
APN
BRER M:7 L:7 U:D
UPID
US42-0111335
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
-
GREEN CARE SYSTEMS Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$951k
Blend (final)
Blend
$1.54M
Owner & transaction history
Jmf Investments LLC · 4 yrs held
Jmf Investments LLC
since 2022
Last sale
$1.5M
1 recorded transaction
Zoning & alternative use
GB · Brewer, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-vegetated area, or any proposed combination of the two activities, within a two (2) year period shall be co nsidered cumulative activity and shall require site plan review. (#17) USE RURAL LDR MDR- 1 MDR-2 HDR HDR-2 CB GB IND IND- 2 OR PB DD OPEN AREA USES Accessory Use P P P Agriculture Y Y Barnyard Animals Y-8,25 Y-8,25 Farm Stand P P P Forestry P P Publi…
Zone name
General Business
General category
COMMERCIAL
Zone area
567.96 ac
Source
Land Use Code | Brewer, 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 Brewer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brewer 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
$1,535,000
ML approach
$1,535,000
CAP Approach
CAP Return
Estimation
6%
$1,980,000
6.5%
$1,825,000
7%
$1,695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,930,000
Current use
RETAIL STORES
$1,875,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±10% · vs last sale $1.50M (Aug 2 2022)
Last sale anchor
$1.50M
Aug 2 2022
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
$93 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,773
Tax year 2023
Assessed value
$685,200
Assessed 2023
Previous assessed
$685,200
+0.0% YoY
Effective rate
2.01%
On assessed value
Assessed land
$132,500
Assessed improvement
$552,700
Applied tax rate
6,925.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
RADIANT
Buildings
1
Stories
1
Units
12
Total area
16,562 SF
Lot
1.15 ac (50,094 SF)
Zoning code
GB
APN
BRER M:7 L:7 U:D
UPID
US42-0111335
Jurisdiction
BREWER
Zoning & alternative use
GB · Brewer, MEZoning GB · permitted uses
GB · Brewer, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-vegetated area, or any proposed combination of the two activities, within a two (2) year period shall be co nsidered cumulative activity and shall require site plan review. (#17) USE RURAL LDR MDR- 1 MDR-2 HDR HDR-2 CB GB IND IND- 2 OR PB DD OPEN AREA USES Accessory Use P P P Agriculture Y Y Barnyard Animals Y-8,25 Y-8,25 Farm Stand P P P Forestry P P Public Parks / Trails S S S S S S S S S- 63 S-63 S S S Public Playground S S S S S S S
Zone name
General Business
General category
COMMERCIAL
Zone area
567.96 ac
Source
Land Use Code | Brewer, ME
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1989
Construction
STEEL FRAME
Heating
RADIANT
Stories
1
Buildings
1
Units
12
Lot
1.15 ac
Current owner
From public records · entity-resolved
Jmf Investments LLC
Entity
Free & Clear · 4 yrs held
Mailing address
39 SPARKS AVE, BREWER, ME 04412-1449
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2022
$1,500,000
Jmf Investments LLC
Penobscot Prop Mgmt INC
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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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