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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Hotels
629 Main St Bangor, ME 04401-6848
Entity Owned
9-yr Hold
Property ID
US42-0010568
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1820
Total area
37,548 SF
Lot
2.33 ac (101,495 SF)
Zoning code
USD
APN
BANG M:026 L:001-B
UPID
US42-0010568
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
-
The Dutton House Inn Hotel & Motel
-
Manna Ministries, Inc. Social Service Agency Charitable Organization
-
Manna Inc: Kelly Katie R Physician
-
Manna Outpatient Services Medical Clinic
-
Casey Harris Social Worker Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$790k
Owner & transaction history
Dutton House LLC · 9 yrs held
Dutton House LLC
since 2016
7 recorded transactions
Zoning & alternative use
USD · Bangor, 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 Bangor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bangor 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
$955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,265,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$21 / 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
$23,464
Tax year 2023
Assessed value
$1,225,300
Assessed 2023
Previous assessed
$1,009,800
+21.3% YoY
Effective rate
1.91%
On assessed value
Assessed land
$297,000
Assessed improvement
$928,300
Applied tax rate
2,795.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1820
Heating
HOT WATER
Total area
37,548 SF
Lot
2.33 ac (101,495 SF)
Zoning code
USD
APN
BANG M:026 L:001-B
UPID
US42-0010568
Jurisdiction
BANGOR
Zoning & alternative use
USD · Bangor, ME
Zoning USD · permitted uses
USD · Bangor, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bangor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL)
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
1820
Heating
HOT WATER
Lot
2.33 ac
Current owner
From public records · entity-resolved
Dutton House LLC
Entity
Mailing address
PO BOX 2523, BANGOR, ME 04402-2523
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2022
—
Dutton House LLC
—
Deed
related
$1,350,000 · Machias Savings Bank
Aug 3, 2020
—
Dutton House LLC
—
Deed
related
$210,000 · David F Giroux
Nov 17, 2016
—
Dutton House LLC
Machias Svgs Bk
Quit Claim Deed
related
$312,750 · Machias Svgs Bk
Sep 17, 2012
—
Manna INC
Bangor City Of
Grant Deed
related
—
Sep 12, 2008
—
Manna INC
—
Deed Of Trust
related
$240,000 · Machias Svgs Bk
Jul 31, 2008
—
Manna INC
—
Deed Of Trust
related
$75,000 · Machias Svgs Bk
Aug 8, 2007
—
Manna INC
Bangor City Of
Grant Deed
related
$332,000 · Machias Svgs Bk
—
—
Dutton House LLC
—
Deed Of Trust
related
$210,000 · David F Giroux
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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