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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Commercial real estate
66 Main St Freeport, ME 04032-1214
Entity Owned
6-yr Hold
Free & Clear
Property ID
US42-0286260
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1890
Construction
FRAME
Total area
4,995 SF
Lot
0.4 ac (17,424 SF)
Zoning code
CM01
APN
FPRT M:11 B:109 L:0 U:0
UPID
US42-0286260
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
-
Under Armour Factory House Clothing Store Shoe Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.05M
Owner & transaction history
Denney Block Freeport LLC · 6 yrs held
Denney Block Freeport LLC
since 2020
4 recorded transactions
Zoning & alternative use
CM01 · Freeport, 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 Freeport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Freeport 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,130,000
Current use
OFFICE BUILDING
$965,000
Change: -14% · Conversion: Easy
RETAIL STORES
$945,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±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
$210 / 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
$40,585
Tax year 2023
Assessed value
$2,951,600
Assessed 2023
Previous assessed
$2,951,600
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,419,700
Assessed improvement
$1,531,900
Applied tax rate
26,525.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
2
Bathrooms
99
Total area
4,995 SF
Lot
0.4 ac (17,424 SF)
Zoning code
CM01
APN
FPRT M:11 B:109 L:0 U:0
UPID
US42-0286260
Jurisdiction
FREEPORT
Zoning & alternative use
CM01 · Freeport, ME
Zoning CM01 · permitted uses
CM01 · Freeport, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Freeport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$965,000
RETAIL STORES
Est. value
$945,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
1890
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
3
Bathrooms
99
Lot
0.4 ac
Current owner
From public records · entity-resolved
Denney Block Freeport LLC
Entity
Free & Clear · 6 yrs held
Mailing address
841 WORCESTER ST #326, NATICK, MA 01760-2016
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2020
—
Denney Block Freeport LLC
—
Deed
related
$90,000 · Brookline Bk
Feb 6, 2020
—
Denney Block Freeport LLC
Denney Block Freeport LLC
Quit Claim Deed
—
May 18, 2015
—
Denney Block Freeport LLC
Denney Block LLC
Quit Claim Arm's Length For Ne States
$10,140,000 · Brookline Bank
—
—
Denney Block Freeport LLC
—
Deed Of Trust
related
$90,000 · Brookline Bk
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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