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Property profile & analytics
OFF-MARKET
Industrial properties
61 Industrial Ave Sanford, ME 04073-5820
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US42-0410467
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Construction
STEEL FRAME
Total area
48,238 SF
Lot
5.86 ac (255,262 SF)
Zoning code
IB
APN
SANF M:0R19 B:308
UPID
US42-0410467
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
-
US Felt Company Inc Industrial Manufacturer Production Facility
-
Bigfoot of Maine, Inc (Bike/Boat/Book/etc) Store
-
SPM Co.,Inc. Factory Production Facility
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
Industrial Avenue LLC · 4 yrs held
Industrial Avenue LLC
since 2022
Last sale
$145,000
5 recorded transactions
Zoning & alternative use
IB · Sanford, 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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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 2024Property tax & assessments
Tax year 2024
Tax billed
$30,850
Tax year 2024
Assessed value
$1,911,400
Assessed 2024
Previous assessed
$1,911,400
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$154,900
Assessed improvement
$1,756,500
Applied tax rate
65,760.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
4
Total area
48,238 SF
Lot
5.86 ac (255,262 SF)
Zoning code
IB
APN
SANF M:0R19 B:308
UPID
US42-0410467
Jurisdiction
SANFORD
Zoning & alternative use
IB · Sanford, ME
Zoning IB · permitted uses
IB · Sanford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
4
Lot
5.86 ac
Current owner
From public records · entity-resolved
Industrial Avenue LLC
Entity
Free & Clear · 4 yrs held
Mailing address
101 MCALISTER FARM RD, PORTLAND, ME 04103-5925
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2022
$145,000
Industrial Avenue LLC
David R Roy
Warranty Deed
—
Nov 1, 2010
—
Bdr LLC
—
Deed Of Trust
related
$1,000,000 · Machias Savings Bank
Dec 22, 2009
—
Bdr Properties LLC
—
Deed Of Trust
related
$25,000 · Misc Other
Dec 6, 2005
—
Ogrady Brickle LLC
—
Deed Of Trust
related
$1,200,500 · Td Bank NA
Sep 27, 2005
—
Ogrady Brickle Co
—
Deed Of Trust
related
$1,000,000 · Brickle 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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