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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Showrooms
7 Corey Rd Cumberland, ME 04021-3617
Entity Owned
4-yr Hold
Free & Clear
Property ID
US42-0102605
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1995
Construction
FRAME
Total area
5,800 SF
Lot
1.09 ac (47,480 SF)
Zoning code
HC
APN
CMBL M:U07 L:3-C
UPID
US42-0102605
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
-
Brian Gilbert Associates Factory Production Facility
-
Summit Fabrications, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$746k
Blend (final)
Blend
$640k
Owner & transaction history
BGA REALTY LLC · 6 yrs held
BGA REALTY LLC
since 2020
1 recorded transaction
Zoning & alternative use
HC · Cumberland, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Highway Commercial District (HC). The purpose of the HC District is to allow a wide range of business and professional uses that provide Town-wide service as well as roadside service for through traffic on major arterials. Site plan review and approval by the Planning Board are required, with the exception of single-family dwellings, bed-and-breakfasts with…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
91.22 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 Cumberland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cumberland 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$110 / 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
$9,197
Tax year 2023
Assessed value
$415,200
Assessed 2023
Previous assessed
$415,200
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$106,500
Assessed improvement
$308,700
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
1995
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
3
Bathrooms
2
Total area
5,800 SF
Lot
1.09 ac (47,480 SF)
Zoning code
HC
APN
CMBL M:U07 L:3-C
UPID
US42-0102605
Jurisdiction
CUMBERLAND
Zoning & alternative use
HC · Cumberland, MEZoning HC · permitted uses
HC · Cumberland, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Highway Commercial District (HC). The purpose of the HC District is to allow a wide range of business and professional uses that provide Town-wide service as well as roadside service for through traffic on major arterials. Site plan review and approval by the Planning Board are required, with the exception of single-family dwellings, bed-and-breakfasts with three or fewer guest bedrooms, and day-care homes. A. The following uses are permitted in the HC District: [Amended 7-23-2012 ] (1) Single-family detached dwellings. (2) Duplex dwellings. (3) Multiplex dwellings. (4) An accessory dwelling unit as permitted in § 315-45A . [Added 11-26-2012 [1] ] [1] Editor’s Note: With the addition of this ordinance, former Subsection A(4) through (35) was redesignated as Subsection A(5) through (36) , respectively. (5) Business and professional offices. (6) Cafe. [Added 6-1-2015 [2] ] [2]
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
91.22 ac
Building & site characteristics
From public records
Year built
1995
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
3
Bathrooms
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
BGA REALTY LLC
Entity
Free & Clear · 6 yrs held
Mailing address
7 COREY RD, CUMBERLAND, ME 04021-3617
Mailing matches property
Yes
Owner-occupied
Yes
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2020
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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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