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Property profile & analytics
FOR LEASE
Commercial real estate
6 Stillwater Ave, Orono, ME 04473
Entity Owned
18-yr Hold
Free & Clear
Property ID
US42-0230602
For Lease
1 / 2
Contact for pricing
6 Stillwater Ave, Orono, ME 04473
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
13.8 ac (601,128 SF)
APN
ORON M:010-000 L:019
UPID
US42-0230602
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
-
Black Bear Cinemas Cinema Theater & Performing Art Venue
-
Orono IGA Grocery & Convenience Store Food Market
-
Gold Star Cleaners (Bike/Boat/Book/etc) Store
-
Orono Trampoline Park Arcade & Gaming Center Family Recreation Center
-
Firestorm Cannabis Co. Orono (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
6 Stillwater Avenue LLC · 18 yrs held
6 Stillwater Avenue LLC
since 2007
6 recorded transactions
Zoning & alternative use
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 Orono submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orono 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$134,782
Tax year 2023
Assessed value
$5,759,900
Assessed 2023
Previous assessed
$5,759,900
+0.0% YoY
Effective rate
2.34%
On assessed value
Assessed land
$693,500
Assessed improvement
$5,066,400
Applied tax rate
55,565.0000
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
For Lease
Heating
NONE
Buildings
2
Units
8
Lot
13.8 ac (601,128 SF)
APN
ORON M:010-000 L:019
UPID
US42-0230602
Jurisdiction
ORONO
Zoning & alternative use
Zoning · permitted uses
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
2
Units
8
Lot
13.8 ac
Current owner
From public records · entity-resolved
6 Stillwater Avenue LLC
Entity
Free & Clear · 18 yrs held
Mailing address
139 FRNT ST, FALL RIVER, MA 02721-4313
Ownership since
2007
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
Jun 24, 2019
—
Pike & Craft Orono LLC
—
Deed
related
$400,000 · Private Individual
Sep 12, 2016
—
6 Stillwater Avenue LLC
—
Deed
related
$3,700,000 · St Anne's Cu
Dec 19, 2007
—
6 Stillwater Avenue LLC
Mall Invst Assoc L L C
Grant Deed
related
—
—
—
6 Stillwater Avenue LLC
—
Deed Of Trust
related
$2,450,000 · St Anne's Cu
—
—
Pike & Craft Orono LLC
—
Deed Of Trust
related
$400,000 · Private Individual
—
—
6 Stillwater Avenue LLC
—
Deed Of Trust
related
$3,700,000 · St Anne's Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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