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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Showrooms
40 Pond St Bangor, ME 04401-4663
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US42-0470299
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1880
Total area
4,416 SF
Lot
0.4 ac (17,424 SF)
Zoning code
URD2
APN
BANG M:033 L:014-E
UPID
US42-0470299
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
$1.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
Maine Capital LLC · 2 yrs held
Maine Capital LLC
since 2024
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
URD2 · Bangor, 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 Bangor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bangor 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
$1,040,000
ML approach
$1,040,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10% · vs last sale $1.04M (Jan 31 2024)
Last sale anchor
$1.04M
Jan 31 2024
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
$236 / 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
$6,402
Tax year 2023
Assessed value
$334,300
Assessed 2023
Previous assessed
$334,300
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$50,800
Assessed improvement
$283,500
Applied tax rate
2,795.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1880
Heating
SPACE
Stories
1
Units
5
Rooms
4
Bathrooms
4
Total area
4,416 SF
Lot
0.4 ac (17,424 SF)
Zoning code
URD2
APN
BANG M:033 L:014-E
UPID
US42-0470299
Jurisdiction
BANGOR
Zoning & alternative use
URD2 · Bangor, ME
Zoning URD2 · permitted uses
URD2 · Bangor, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bangor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Heating
SPACE
Stories
1
Units
5
Rooms
4
Bathrooms
4
Lot
0.4 ac
Current owner
From public records · entity-resolved
Maine Capital LLC
Entity
Mailing address
40 POND ST, BANGOR, ME 04401-4663
Ownership since
2024
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
Jan 31, 2024
$1,040,000
Maine Capital LLC
Charles Bridge LLC
Quit Claim Arm's Length For Ne States
$1,233,010 · Franklin Savings Bank (maine)
Jul 31, 2019
—
Charles Bridge LLC
—
Deed
related
$490,000 · Skowhegan Savings Bank
Dec 31, 2015
—
Charles Bridge LLC
Seminary Redevelopment LLC
Quit Claim Deed
$130,000 · Seminary Redevelopment LLC
May 30, 2014
—
Keri Alley
Hab Fr Hum Greater Bangor
Redemption Deed
related
—
Dec 24, 2009
—
Bangor Masonic Foundation
Seminary Redev LLC
Warranty 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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