New search
Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Commercial real estate
551 Main St, Presque Isle, ME 04769-2450
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0162908
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Total area
15,600 SF
Lot
0.66 ac (28,750 SF)
Zoning code
RETAIL
APN
PREE M:035 B:127 L:551
UPID
US42-0162908
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
-
Big Country 96.9 Advertising Agency Marketing & Advertising
-
The Rock 101.9 Advertising Agency Marketing & Advertising
-
Townsquare Media Presque Isle Advertising Agency Marketing & Advertising
-
Q96.1 Advertising Agency Marketing & Advertising
-
NextHome Discover Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$917k
Blend (final)
Blend
$940k
Owner & transaction history
Gpc Management LLC · 4 yrs held
Gpc Management LLC
since 2021
3 recorded transactions
Zoning & alternative use
RETAIL · Presque Isle, 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 Presque Isle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Presque Isle 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$60 / 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
$17,117
Tax year 2023
Assessed value
$757,400
Assessed 2023
Previous assessed
$757,400
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$58,100
Assessed improvement
$699,300
Applied tax rate
60,825.0000
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
1946
Heating
NONE
Buildings
1
Stories
1
Total area
15,600 SF
Lot
0.66 ac (28,750 SF)
Zoning code
RETAIL
APN
PREE M:035 B:127 L:551
UPID
US42-0162908
Jurisdiction
PRESQUE ISLE
Zoning & alternative use
RETAIL · Presque Isle, ME
Zoning RETAIL · permitted uses
RETAIL · Presque Isle, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Presque Isle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
1
Buildings
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Gpc Management LLC
Entity
Mailing address
50 ALLEN RD, PRESQUE ISLE, ME 04769-5276
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2021
—
Gpc Management LLC
Precision Management LLC
Warranty Deed
$744,000 · Kathadin Trust Co
May 31, 2016
—
Precision Management LLC
C H Management INC
Warranty Deed
related
$715,000 · C H Management INC
Oct 23, 2006
—
C H Management INC
—
Deed Of Trust
related
$440,000 · Katahdin Trust Co
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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