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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Mining land & claims
77 Blackstrap Rd Cumberland, ME 04021-3026
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US42-0196752
Property profile
Verified
Property type
Mining land & claims
Use group
QUARRIES (SAND, GRAVEL, ROCK)
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,596 SF
Lot
37.09 ac (1,615,640 SF)
Zoning code
I
APN
CMBL M:R07 L:53
UPID
US42-0196752
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Yun A Kim
Yun A Kim
since 2025
Last sale
$749,150
6 recorded transactions
Zoning & alternative use
I · Cumberland, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Industrial District (I). The purpose of the Industrial District is to provide controlled areas for manufacturing, production, processing, treatment, research, warehousing and distribution as well as other compatible but less intensive uses with the goal of creating employment opportunities within the Town of Cumberland. A. The following uses are permitted in…
Zone name
Industrial
General category
INDUSTRIAL
Zone area
103.93 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$470 / 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
$8,096
Tax year 2023
Assessed value
$365,500
Assessed 2023
Previous assessed
$365,500
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$266,200
Assessed improvement
$99,300
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
Mining land & claims
Use group
QUARRIES (SAND, GRAVEL, ROCK)
Status
Off-Market
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Total area
1,596 SF
Lot
37.09 ac (1,615,640 SF)
Zoning code
I
APN
CMBL M:R07 L:53
UPID
US42-0196752
Jurisdiction
CUMBERLAND
Zoning & alternative use
I · Cumberland, MEZoning I · permitted uses
I · Cumberland, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Industrial District (I). The purpose of the Industrial District is to provide controlled areas for manufacturing, production, processing, treatment, research, warehousing and distribution as well as other compatible but less intensive uses with the goal of creating employment opportunities within the Town of Cumberland. A. The following uses are permitted in the Industrial District, subject to site plan review: (1) Industrial. (2) Low impact industrial. (3) Extraction of earth materials, subject to the provisions of § 315-49 . (4) Aggregate processing. (5) Boarding kennels. (6) Business and professional offices. (7) Catering. [Added 6-1-2015 [1] ] [1]
Zone name
Industrial
General category
INDUSTRIAL
Zone area
103.93 ac
Building & site characteristics
From public records
Year built
1945
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Lot
37.09 ac
Current owner
From public records · entity-resolved
Yun A Kim
Individual
Mailing address
39 NUBBIN REACH, YARMOUTH, ME 04096-5935
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$749,150
Yun A Kim
On Point Construction LLC
Warranty Deed
$649,150 · Maine Community Bank
Aug 5, 2025
$520,000
Jacob Truman
B R Property LLC
Warranty Deed
—
Jun 12, 2025
$1,705,000
On Point Construction LLC
B R Property LLC
Deed
—
Dec 31, 2024
—
Br Property LLC
—
Deed
related
$2,000,000 · Gorham Savings Bank
Jul 28, 2010
—
Br Prop LLC
—
Deed Of Trust
related
$250,000 · Gorham Savings Bank
Feb 11, 2010
—
Br Property LLC
—
Deed Of Trust
related
$250,000 · 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.
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