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Property profile & analytics
OFF-MARKET
Retail space
428 Main St Presque Isle, ME 04769-2688
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0033364
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Total area
3,978 SF
Lot
0.07 ac (3,049 SF)
Zoning code
RETAIL
APN
PREE M:035 B:127 L:428
UPID
US42-0033364
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
-
Home Ec. Market Home Decor Store Department Store
-
Little Blossom Boutique Clothing & Fashion Store
-
Greenmark IT, LLC IT Consulting Firm (Bike/Boat/Book/etc) Store
-
C&C INVESTMENT AGENCY, INC. Property Management Company
-
CADCAR PROPERTY MANAGEMENT AGENCY; CADCAR RENTALS Property Management Company Real Estate Rental Agency
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
Garry H SR|cavagnaro James Nelson · 13 yrs held
Garry H SR|cavagnaro James Nelson
since 2013
4 recorded transactions
Zoning & alternative use
RETAIL · Presque Isle, 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 Presque Isle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Presque Isle 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
$2,258
Tax year 2023
Assessed value
$99,900
Assessed 2023
Previous assessed
$99,900
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$25,000
Assessed improvement
$74,900
Applied tax rate
60,825.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Heating
NONE
Buildings
1
Stories
1
Total area
3,978 SF
Lot
0.07 ac (3,049 SF)
Zoning code
RETAIL
APN
PREE M:035 B:127 L:428
UPID
US42-0033364
Jurisdiction
PRESQUE ISLE
Zoning & alternative use
RETAIL · Presque Isle, MEZoning RETAIL · permitted uses
RETAIL · Presque Isle, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Stories
1
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Garry H SR|cavagnaro James Nelson
Individual
Mailing address
66 LAKESHORE DR, PRESQUE ISLE, ME 04769-6201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2013
—
Garry H SR|cavagnaro James Nelson
—
Deed Of Trust
related
$53,200 · Katahdin Tr Co
May 13, 2013
—
Garry H SR|cavagnaro James Nelson
—
Deed Of Trust
related
$90,000 · Katahdin Tr Co
Aug 18, 2005
—
Deggary N Priest 2nd
—
Deed Of Trust
related
$85,000 · Aroostook Cnty Fed'l S&l Assn
Jan 7, 2005
—
Timothy J|macfarline Craig A Lavoie
—
Deed Of Trust
related
$70,000 · Aroostook Cnty Fed'l S&l Assn
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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