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Property profile & analytics
OFF-MARKET
Retail space
42 School St Berwick, ME 03901-2128
Entity Owned
3-yr Hold
Free & Clear
Property ID
US42-0514366
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Construction
STEEL FRAME
Total area
4,240 SF
Lot
0.57 ac (24,829 SF)
Zoning code
V/C
APN
BERW M:U002 B:17
UPID
US42-0514366
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
-
Cumberland Farms Grocery & Convenience Store
-
Citizens ATM Atm
-
Cardtronics Atm
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
Obsidian Ml 7 LLC · 3 yrs held
Obsidian Ml 7 LLC
since 2023
Last sale
$4.7M
1 recorded transaction
Zoning & alternative use
V/C · Berwick, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this zoning district is to provide single family dwelling, including driveways, community living arrangement, multiple manufactured or mobile homes on individual lots, two family dwelling, including driveways
Zone name
Village Commercial
General category
COMMERCIAL
Zone area
58.40 ac
Source
Realmo
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 Berwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berwick 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
$14,508
Tax year 2023
Assessed value
$791,900
Assessed 2023
Previous assessed
$791,900
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$386,400
Assessed improvement
$405,500
Applied tax rate
4,720.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,240 SF
Lot
0.57 ac (24,829 SF)
Zoning code
V/C
APN
BERW M:U002 B:17
UPID
US42-0514366
Jurisdiction
BERWICK
Zoning & alternative use
V/C · Berwick, MEZoning V/C · permitted uses
V/C · Berwick, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this zoning district is to provide single family dwelling, including driveways, community living arrangement, multiple manufactured or mobile homes on individual lots, two family dwelling, including driveways
Zone name
Village Commercial
General category
COMMERCIAL
Zone area
58.40 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Obsidian Ml 7 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
42 SCHOOL ST, BERWICK, ME 03901-2128
Ownership since
2023
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
May 23, 2023
$4,715,760
Obsidian Ml 7 LLC
Cfi Propco 2 LLC
Quit Claim Arm's Length For Ne States
—
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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