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Property profile & analytics
OFF-MARKET
Parking lots & garages
463 Pleasant St Mechanic Falls, ME 04256-6147
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US42-0192526
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Lot
1.97 ac (85,813 SF)
Zoning code
8
APN
MECH M:014 L:004 S:001
UPID
US42-0192526
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
-
Economy Auto Service Inc. Auto Repair Shop
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
Economy Auto Service INC · 5 yrs held
Economy Auto Service INC
since 2021
5 recorded transactions
Zoning & alternative use
8 · Mechanic Falls, 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 Mechanic Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mechanic Falls 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
$3,613
Tax year 2023
Assessed value
$258,082
Assessed 2023
Previous assessed
$90,246
+186.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$105,820
Assessed improvement
$152,262
Applied tax rate
44,585.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Heating
NONE
Lot
1.97 ac (85,813 SF)
Zoning code
8
APN
MECH M:014 L:004 S:001
UPID
US42-0192526
Jurisdiction
MECHANIC FALLS
Zoning & alternative use
8 · Mechanic Falls, MEZoning 8 · permitted uses
8 · Mechanic Falls, 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
Heating
NONE
Lot
1.97 ac
Current owner
From public records · entity-resolved
Economy Auto Service INC
Entity
Mailing address
463 PLEASANT ST, MECHANIC FALLS, ME 04256-6147
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
May 30, 2025
—
Economy Auto Service INC
—
Deed
related
$175,000 · Auburn Savings Bank Fsb
Mar 9, 2021
—
Economy Auto Service INC
Sph Properties LLC
Warranty Deed
$192,000 · Auburn Savings Bank Fsb
Jan 25, 2018
—
Sph Properties LLC
—
Deed
related
$145,000 · Auburn Saving Bk Fsb
Oct 11, 2013
—
Sph Properties LLC
—
Deed Of Trust
related
$33,000 · Mechanic Falls Development Com
Dec 2, 2010
—
Sph Props LLC
—
Deed Of Trust
related
$63,000 · Androscoggin 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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