Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Hotels
696 High St Bath, ME 04530-1949
Individually Owned
2-yr Hold
Property ID
US42-0480995
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1850
Total area
3,802 SF
Lot
1 ac (43,560 SF)
Zoning code
R1
APN
BTTH M:28 L:004
UPID
US42-0480995
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
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Brian F Power · 2 yrs held
Brian F Power
since 2024
Last sale
$900,000
4 recorded transactions
Zoning & alternative use
R1 · Bath, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
SECTION 8.01 HIGH-DENSITY RESIDENTIAL DISTRICT - R1 A. Purpose The High-density Residential District provides for the maintenance and increased livability of the existing densely built -up areas of the City, and area s where a limited amount of
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
715.15 ac
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 Bath submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bath 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$565,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Jul 23 2024)
Last sale anchor
$900k
Jul 23 2024
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
$237 / 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
$7,816
Tax year 2023
Assessed value
$462,500
Assessed 2023
Previous assessed
$393,000
+17.7% YoY
Effective rate
1.69%
On assessed value
Assessed land
$102,900
Assessed improvement
$359,600
Applied tax rate
3,355.0000
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-RESORT
Status
Off-Market
Year built
1850
Heating
FORCED AIR
Buildings
1
Stories
2
Units
2
Rooms
8
Bathrooms
3
Total area
3,802 SF
Lot
1 ac (43,560 SF)
Zoning code
R1
APN
BTTH M:28 L:004
UPID
US42-0480995
Jurisdiction
BATH
Zoning & alternative use
R1 · Bath, MEZoning R1 · permitted uses
R1 · Bath, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
SECTION 8.01 HIGH-DENSITY RESIDENTIAL DISTRICT - R1 A. Purpose The High-density Residential District provides for the maintenance and increased livability of the existing densely built -up areas of the City, and area s where a limited amount of
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
715.15 ac
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$565,000
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
1850
Heating
FORCED AIR
Stories
2
Buildings
1
Units
2
Rooms
8
Bathrooms
3
Lot
1 ac
Current owner
From public records · entity-resolved
Brian F Power
Individual
Mailing address
696 HIGH ST, BATH, ME 04530-1949
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 23, 2024
$900,000
Brian F Power
Rachel L Parlin
Warranty Deed
$720,000 · Northpoint Mortgage INC
Sep 13, 2007
—
Kenneth M Parlin
—
Deed Of Trust
related
$65,000 · Banknorth NA
Oct 27, 2006
—
Kenneth M Parlin
—
Deed Of Trust
related
$25,000 · Td Bank NA
Mar 22, 2005
—
Kenneth M Parlin
—
Deed Of Trust
related
$128,500 · Td Bank 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 696 High St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
