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Property profile & analytics
OFF-MARKET
Commercial real estate
47 Prescott Hl Rd, Northport, ME 04849-3420
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US42-0512835
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
39.55 ac (1,722,798 SF)
APN
NRPR M:R01 L:55
UPID
US42-0512835
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
Drew E Martens · 9 yrs held
Drew E Martens
since 2016
7 recorded transactions
Zoning & alternative use
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 Northport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northport 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
$3,034
Tax year 2023
Assessed value
$186,700
Assessed 2023
Previous assessed
$186,700
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$70,800
Assessed improvement
$115,900
Applied tax rate
52,845.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
39.55 ac (1,722,798 SF)
APN
NRPR M:R01 L:55
UPID
US42-0512835
Jurisdiction
NORTHPORT
Zoning & alternative use
Zoning · permitted uses
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
39.55 ac
Current owner
From public records · entity-resolved
Drew E Martens
Individual
Mailing address
47 PRESCOTT HL RD, NORTHPORT, ME 04849-3420
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
Mcm Properties LLC
—
Deed
related
$461,933 · Camden National Bank
Jun 1, 2022
—
Mcm Properties LLC
—
Deed
related
$338,325 · Camden National Bank
Oct 27, 2021
—
Drew E Martens
—
Deed
related
$432,000 · Camden National Bank
Jan 29, 2020
—
Drew E Martens
—
Deed
related
$304,000 · Camden Nat'l Bk
Oct 31, 2016
—
Drew E Martens
Saco Vly Cu
Quit Claim Deed
related
$48,000 · Camden Nat'l Bk
Jun 16, 2008
—
Nancy A Lamb
—
Deed Of Trust
related
$118,400 · Saco Valley Cu
Dec 12, 2006
—
Thomas R Lamb
—
Deed Of Trust
related
$40,000 · Damriscotta Bank & Trust Co
—
—
Drew E Martens
—
Deed Of Trust
related
$304,000 · Camden Nat'l Bk
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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