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Property profile & analytics
OFF-MARKET
Estimated value
$4,285,000
Showrooms
62 Us Rte 1st 1, Falmouth, ME 04105-2141
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0150613
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,266 SF
Lot
2.99 ac (130,244 SF)
Zoning code
OC
APN
CMBL M:R01 L:11-C
UPID
US42-0150613
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
$5.14M
CAP Approach
CAP
$4.07M
Comparable Approach
Comparable
$3.11M
Blend (final)
Blend
$4.29M
Owner & transaction history
Maine Colloids LLC · 4 yrs held
Maine Colloids LLC
since 2022
Last sale
$4.3M
3 recorded transactions
Zoning & alternative use
OC · Falmouth, 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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
$4,915,000
ML approach
$5,135,000
CAP Approach
CAP Return
Estimation
6%
$4,400,000
6.5%
$4,065,000
7%
$3,775,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,585,000
Current use
RETAIL STORES
$4,315,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$3,900,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$4.29M
Range $3.86M – $4.71M · ±10% · vs last sale $4.25M (Feb 2 2022)
Last sale anchor
$4.25M
Feb 2 2022
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
$201 / 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
$71,551
Tax year 2023
Assessed value
$3,230,300
Assessed 2023
Previous assessed
$3,230,300
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$222,000
Assessed improvement
$3,008,300
Applied tax rate
15,430.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Rooms
18
Bathrooms
5
Total area
21,266 SF
Lot
2.99 ac (130,244 SF)
Zoning code
OC
APN
CMBL M:R01 L:11-C
UPID
US42-0150613
Jurisdiction
CUMBERLAND
Zoning & alternative use
OC · Falmouth, ME
Zoning OC · permitted uses
OC · Falmouth, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.6M
RETAIL STORES
Est. value
$4.3M
OFFICE BUILDING
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Rooms
18
Bathrooms
5
Lot
2.99 ac
Current owner
From public records · entity-resolved
Maine Colloids LLC
Entity
Mailing address
62 US RTE 1ST 1, CUMBERLAND, ME 04021
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2022
$4,250,000
Maine Colloids LLC
Bbw Real Estate LLC
Quit Claim Arm's Length For Ne States
$1,950,000 · Td Bank NA
Jun 2, 2005
—
Bbw Real Est LLC
Kennedy,peter D
Warranty Deed
related
$2,308,000 · Td Bank NA
—
—
Bbw Realty Estate LLC
—
Deed Of Trust
related
$750,000 · Td Bk NA
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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