New search
Property profile & analytics
OFF-MARKET
Office buildings
740 Stroudwater St, Westbrook, ME 04092-4059
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US42-0031805
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1960
Construction
FRAME
Total area
1,488 SF
Lot
0.83 ac (36,155 SF)
Zoning code
15
APN
WSBR M:009 L:012
UPID
US42-0031805
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
-
Sunrise Property and Casualty Agency Inc. Insurance Agency
-
CertaPro Painters of Maine Painting Service General Contractor
-
Nationwide Insurance - Daniel Muskat Agency Insurance Agency
-
Maine Castles Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hjpk Ventures LLC · 5 yrs held
Hjpk Ventures LLC
since 2020
5 recorded transactions
Zoning & alternative use
15 · Westbrook, 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 Westbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westbrook 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,022
Tax year 2023
Assessed value
$301,100
Assessed 2023
Previous assessed
$251,900
+19.5% YoY
Effective rate
1.67%
On assessed value
Assessed land
$153,000
Assessed improvement
$148,100
Applied tax rate
82,105.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
1,488 SF
Lot
0.83 ac (36,155 SF)
Zoning code
15
APN
WSBR M:009 L:012
UPID
US42-0031805
Jurisdiction
WESTBROOK
Zoning & alternative use
15 · Westbrook, ME
Zoning 15 · permitted uses
15 · Westbrook, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Hjpk Ventures LLC
Entity
Mailing address
74 BEECHWOOD DR, TOPSHAM, ME 04086-5526
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2020
—
Hjpk Ventures LLC
Center For Integrative & Regen
Quit Claim Deed
related
$244,000 · Bath Svgs Institution
May 29, 2020
—
Center For Integrative
—
Deed
related
$79,200 · Camden National Bank
Jul 23, 2018
—
Center For Integrative
45 Fessenden Street LLC
Quit Claim Arm's Length For Ne States
$180,000 · Camden National Bank
Jan 12, 2007
—
James S Welch
—
Deed Of Trust
related
$10,000 · Bank Of America
Sep 8, 2005
—
Charles Baker
—
Deed Of Trust
related
$25,000 · Infinity FCU
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 740 Stroudwater 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.