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Property profile & analytics
FOR LEASE
Warehouses
412 Hill St Biddeford, ME 04005
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0443066
For Lease
1 / 9
$10 SF/Yr
412 Hill St, Biddeford, ME 04005
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
STEEL FRAME
Total area
13,808 SF
Lot
2.43 ac (105,851 SF)
Zoning code
I2
APN
BIDD M:13 L:53
UPID
US42-0443066
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Canna Hill LLC · 9 yrs held
Canna Hill LLC
since 2017
7 recorded transactions
Zoning & alternative use
I2 · Biddeford, 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 Biddeford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Biddeford 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
$14,238
Tax year 2023
Assessed value
$1,085,200
Assessed 2023
Previous assessed
$1,085,200
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$118,300
Assessed improvement
$966,900
Applied tax rate
4,860.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
13,808 SF
Lot
2.43 ac (105,851 SF)
Zoning code
I2
APN
BIDD M:13 L:53
UPID
US42-0443066
Jurisdiction
BIDDEFORD
Zoning & alternative use
I2 · Biddeford, ME
Zoning I2 · permitted uses
I2 · Biddeford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Biddeford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
2.43 ac
Current owner
From public records · entity-resolved
Canna Hill LLC
Entity
Mailing address
24 PRESIDIO WAY, FALMOUTH, ME 04105-2668
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2023
—
Hill 412 LLC
—
Deed
related
$400,000 · Skowhegan Savings Bank
Jun 5, 2019
—
Hill 412 LLC
—
Deed
related
$60,000 · Skowhegan Savings Bank
May 23, 2018
—
Hill 412 LLC
—
Deed
related
$425,000 · Skowhegan Sb
Mar 19, 2018
—
Hill 414 LLC
—
Deed
related
$550,000 · Skowhegan Sb
Jun 19, 2017
—
Canna Hill LLC
Tf Real Estate Group LLC
Quit Claim Deed
—
Aug 26, 2008
—
Tf Real Estate Group LLC
Bourque,michel D
Grant Deed
$100,000 · Misc Other
Feb 22, 2008
$1,001
Bb&d Association
Biddeford City Of
Grant 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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