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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Commercial real estate
48 Mansion Ave, Newry, ME 04261
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0578514
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2014
Construction
CONCRETE
Total area
1,416 SF
Lot
4.8 ac (209,088 SF)
Zoning code
RA
APN
NEWR M:R-14 L:3-1-1
UPID
US42-0578514
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
$1.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Adam Sabin · 4 yrs held
Adam Sabin
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
RA · Newry, 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 Newry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newry 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
$1,005,000
ML approach
$1,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.25M (Mar 25 2022)
Last sale anchor
$1.25M
Mar 25 2022
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
$876 / 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
$5,501
Tax year 2023
Assessed value
$647,200
Assessed 2023
Previous assessed
$647,200
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$134,500
Assessed improvement
$512,700
Applied tax rate
49,275.0000
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
Year built
2014
Construction
CONCRETE
Heating
STEAM
Stories
1
Total area
1,416 SF
Lot
4.8 ac (209,088 SF)
Zoning code
RA
APN
NEWR M:R-14 L:3-1-1
UPID
US42-0578514
Jurisdiction
NEWRY
Zoning & alternative use
RA · Newry, ME
Zoning RA · permitted uses
RA · Newry, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newry. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Construction
CONCRETE
Heating
STEAM
Stories
1
Lot
4.8 ac
Current owner
From public records · entity-resolved
Adam Sabin
Individual
Mailing address
48 MANSION AVE, NEWRY, ME 04261
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2022
$1,250,000
Adam Sabin
Brett M Miller
Warranty Deed
$936,000 · American Neighborhood Mtg Acceptanc
Aug 17, 2021
—
Brett Miller
—
Deed
related
$717,500 · Camden National Bank
Aug 19, 2020
—
Brett M Miller
—
Deed
related
$55,000 · Camden Nat'l Bk
May 8, 2020
—
Brett M Miller
—
Deed
related
$55,000 · Camden Nat'l Bk
Dec 20, 2019
—
Brett M Miller
Amy Halsted
Warranty Deed
$525,000 · Camden Nat'l Bk
Feb 10, 2015
—
Robert L Mastroianni
Hulsted Ammy
Grant Deed
related
—
Nov 6, 2014
—
Amy Halsted
Mills,burton R
Warranty Deed
related
—
—
—
Brett M Miller
—
Deed Of Trust
related
$55,000 · Camden Nat'l Bk
—
—
Brett M Miller
—
Deed Of Trust
related
$55,000 · 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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