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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Industrial properties
4 Vacation Dr York, ME 03909-5187
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0339221
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2021
Construction
STEEL FRAME
Total area
4,980 SF
Lot
8.47 ac (368,953 SF)
Zoning code
R1-2
APN
YORK M:0086 B:0002
UPID
US42-0339221
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$790k
Comparable Approach
Comparable
$769k
Blend (final)
Blend
$780k
Owner & transaction history
Nor East Bait LLC · 1 yrs held
Nor East Bait LLC
since 2025
5 recorded transactions
Zoning & alternative use
R1-2 · York, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$765,000
+95.2%
Retail stores
$510,000
+30.4%
Auto repair, garage
$505,000
+29.0%
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 York submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs York 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%
$855,000
6.5%
$790,000
7%
$735,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$765,000
Change: +95% · Conversion: Difficult
RETAIL STORES
$510,000
Change: +30% · Conversion: Moderate
AUTO REPAIR, GARAGE
$505,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$157 / 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
$8,268
Tax year 2023
Assessed value
$978,500
Assessed 2023
Previous assessed
$978,500
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$389,600
Assessed improvement
$588,900
Applied tax rate
87,985.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
2
Stories
2
Units
4
Total area
4,980 SF
Lot
8.47 ac (368,953 SF)
Zoning code
R1-2
APN
YORK M:0086 B:0002
UPID
US42-0339221
Jurisdiction
YORK
Zoning & alternative use
R1-2 · York, ME
Zoning R1-2 · permitted uses
R1-2 · York, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
York. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$765,000
RETAIL STORES
Est. value
$510,000
AUTO REPAIR, GARAGE
Est. value
$505,000
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
2021
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
2
Buildings
2
Units
4
Lot
8.47 ac
Current owner
From public records · entity-resolved
Nor East Bait LLC
Entity
Mailing address
8 SHORT FARM RD, KITTERY POINT, ME 03905-5237
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
—
Nor East Bait LLC
Stauble Realty LLC
Warranty Deed
$800,000 · University Credit Union
Feb 7, 2023
—
Stauble Realty LLC
—
Deed
related
$250,000 · Kennebunk Savings Bank
Dec 9, 2021
—
Stauble Realty LLC
—
Deed
related
$375,000 · Kennebunk Savings Bank
May 28, 2019
—
Joshua W Stauble
Monica J Fleischmann
Warranty Deed
$188,500 · Kennebunk Savings Bank
Feb 29, 2016
—
Robert Fleischmann
Inhabitants Of Municipality/york
Quit Claim Deed
related
—
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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