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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Office buildings
439 Us Rte 1st 1 York, ME 03909-1638
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US42-0533297
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
FRAME
Total area
3,993 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R1-3
APN
YORK M:0054 B:0010-Z
UPID
US42-0533297
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
$660k
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.03M
Owner & transaction history
Howell Equity Hldg LLC · 2 yrs held
Howell Equity Hldg LLC
since 2023
Last sale
$1.0M
2 recorded transactions
Zoning & alternative use
R1-3 · York, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+43.5%
Commercial (general)
$1.1M
+43.2%
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
$640,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
$1,165,000
6.5%
$1,075,000
7%
$995,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$775,000
Current use
RETAIL STORES
$1,110,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,105,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.00M (Dec 1 2023)
Last sale anchor
$1.00M
Dec 1 2023
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
$257 / 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
$6,991
Tax year 2023
Assessed value
$827,300
Assessed 2023
Previous assessed
$831,300
-0.5% YoY
Effective rate
0.85%
On assessed value
Assessed land
$460,800
Assessed improvement
$366,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Total area
3,993 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R1-3
APN
YORK M:0054 B:0010-Z
UPID
US42-0533297
Jurisdiction
YORK
Zoning & alternative use
R1-3 · York, ME
Zoning R1-3 · permitted uses
R1-3 · 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
OFFICE BUILDING Current
Est. value
$775,000
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Lot
0.47 ac
Current owner
From public records · entity-resolved
Howell Equity Hldg LLC
Entity
Mailing address
439 US RTE 1ST 1, YORK, ME 03909-1638
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$1,000,000
Howell Equity Hldg LLC
Wcd LLC
Warranty Deed
$500,000 · Kennebunk Savings Bank
Oct 5, 2007
—
Wcd LLC
—
Deed Of Trust
related
$25,000 · Kennebunk Savings Bank
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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