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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Investment properties
589 Hollis Rd Hollis Center, ME 04042-3906
Individually Owned
2-yr Hold
Property ID
US42-0051343
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
4.33 ac (188,615 SF)
Zoning code
RR2 ED
APN
HLLS M:5 L:15
UPID
US42-0051343
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
Ying X Wu · 2 yrs held
Ying X Wu
since 2023
Last sale
$760,000
7 recorded transactions
Zoning & alternative use
RR2 ED · Hollis Center, 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 Hollis Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hollis Center 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
$485,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $760k (Jul 21 2023)
Last sale anchor
$760k
Jul 21 2023
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
$6,921
Tax year 2023
Assessed value
$477,300
Assessed 2023
Previous assessed
$477,300
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$94,200
Assessed improvement
$383,100
Applied tax rate
33,665.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Lot
4.33 ac (188,615 SF)
Zoning code
RR2 ED
APN
HLLS M:5 L:15
UPID
US42-0051343
Jurisdiction
HOLLIS
Zoning & alternative use
RR2 ED · Hollis Center, ME
Zoning RR2 ED · permitted uses
RR2 ED · Hollis Center, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hollis Center. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
4.33 ac
Current owner
From public records · entity-resolved
Ying X Wu
Individual
Mailing address
589 HOLLIS RD, HOLLIS CENTER, ME 04042-3906
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2026
—
Ying Xia Wu
—
Deed
related
$500,000 · New Wave Lending Grp
Jul 21, 2023
$760,000
Ying X Wu
Stephen J Pleau
Warranty Deed
$494,000 · Amwest Funding Corp.
Oct 5, 2020
—
Stephen J Pleau
Maine Only LLC
Quit Claim Deed
related
—
Mar 23, 2020
—
Maine Only LLC
Stephen J Pleau
Quit Claim Deed
related
—
Sep 3, 2015
—
Stephen J Pleau
Laura J Briggs
Warranty Deed
$356,250 · Summit Funding Co
Jun 21, 2013
—
Brian F Shaboski
—
Deed Of Trust
related
$25,000 · Bangor Savings Bank
Apr 17, 2013
—
Rick D Joslin
—
Deed Of Trust
related
$348,500 · Stears Lending
May 19, 2008
—
Laura J Briggs-joslin
—
Deed Of Trust
related
$27,975 · Town & Country FCU
Apr 13, 2006
—
Laura J Joslin
—
Deed Of Trust
related
$14,000 · Td Bank NA
Jul 29, 2005
—
Laura J Joslin
—
Deed Of Trust
related
$412,000 · Schaefer Mortgage Corp
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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