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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Commercial real estate
519 Us Rte 1st 1 York, ME 03909-1694
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US42-0449919
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1990
Total area
2,615 SF
Lot
0.64 ac (27,878 SF)
Zoning code
RT1
APN
YORK M:0048 B:0043 L:0001
UPID
US42-0449919
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
$510k
CAP Approach
CAP
$500k
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$550k
Owner & transaction history
M & T Realty LLC · 7 yrs held
M & T Realty LLC
since 2019
6 recorded transactions
Zoning & alternative use
RT1 · York, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$725,000
+0.2%
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
by Request
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$540,000
6.5%
$500,000
7%
$465,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$725,000
Current use
RETAIL STORES
$725,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
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
$210 / 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
$17,767
Tax year 2023
Assessed value
$2,102,600
Assessed 2023
Previous assessed
$2,025,700
+3.8% YoY
Effective rate
0.85%
On assessed value
Assessed land
$1,595,600
Assessed improvement
$507,000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1990
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
2,615 SF
Lot
0.64 ac (27,878 SF)
Zoning code
RT1
APN
YORK M:0048 B:0043 L:0001
UPID
US42-0449919
Jurisdiction
YORK
Zoning & alternative use
RT1 · York, ME
Zoning RT1 · permitted uses
RT1 · 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
COMMERCIAL (GENERAL) Current
Est. value
$725,000
RETAIL STORES
Est. value
$725,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1990
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
M & T Realty LLC
Entity
Free & Clear · 7 yrs held
Mailing address
450 S ORANGE AVE STE #900, ORLANDO, FL 32801-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2019
—
M & T Realty LLC
Huber,jason K & Sarah A
Warranty Deed
related
—
May 3, 2017
—
Global Partners LP
—
Loan Modification
related
$1,600,000,000 · Bank Of America
Jul 6, 2016
—
Net Lease Realty I INC
Global Montello Group Corp
Grant Deed
related
—
Mar 5, 2012
—
Alliance Retail LLC
Alliance Energy LLC
Grant Deed
related
—
Feb 8, 2011
—
Alliance Energy LLC
—
Deed Of Trust
related
$180,000,000 · Rbs Citizens Bank NA
Jun 26, 2008
—
Alliance Energy LLC
Cfhp 2 Associates LP
Grant Deed
$100,000 · Rbs Citizens Bank NA
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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