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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Turn key restaurants
542 Elm St Newport, ME 04953-3408
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0303292
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
2.59 ac (112,820 SF)
Zoning code
BB
APN
NEPT M:002 L:066
UPID
US42-0303292
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
-
Angler's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Jpcnewport LLC · 1 yrs held
Jpcnewport LLC
since 2025
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
BB · Newport, 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 Newport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newport 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
$545,000
ML approach
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $600k (May 27 2025)
Last sale anchor
$600k
May 27 2025
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
—
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
$5,298
Tax year 2023
Assessed value
$325,000
Assessed 2023
Previous assessed
$325,000
+0.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$58,600
Assessed improvement
$266,400
Applied tax rate
49,065.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Buildings
1
Lot
2.59 ac (112,820 SF)
Zoning code
BB
APN
NEPT M:002 L:066
UPID
US42-0303292
Jurisdiction
NEWPORT
Zoning & alternative use
BB · Newport, MEZoning BB · permitted uses
BB · Newport, 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
Buildings
1
Lot
2.59 ac
Current owner
From public records · entity-resolved
Jpcnewport LLC
Entity
Mailing address
64 W EVERGREEN LN, SWANVILLE, ME 04915-4304
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
May 28, 2025
—
Jpcnewport LLC
—
Deed
related
$100,000 · Bangor Savings Bank
May 27, 2025
$600,000
Jpcnewport LLC
Albert Hall
Warranty Deed
$303,500 · Bangor Savings Bank
Aug 11, 2008
—
Albert Hall 4th
—
Deed Of Trust
related
$269,182 · Camden National Bank
Jun 12, 2007
—
Albert Hall 4th
—
Deed Of Trust
related
$50,000 · Camden National Bank
Apr 17, 2007
—
Albert Hall 4th
—
Deed Of Trust
related
$50,000 · Camden National Bank
Apr 18, 2006
—
Albert Hall 4th
—
Deed Of Trust
related
$200,000 · Camden National 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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