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Property profile & analytics
OFF-MARKET
Specialty properties
89 Olive St Bangor, ME 04401-6826
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US42-0009151
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2021
Construction
CONCRETE
Total area
4,994 SF
Lot
0.59 ac (25,700 SF)
Zoning code
URD1
APN
BANG M:018 L:005
UPID
US42-0009151
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
by Request
Owner & transaction history
Penquis Cap INC · 6 yrs held
Penquis Cap INC
since 2020
4 recorded transactions
Zoning & alternative use
URD1 · Bangor, 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 Bangor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bangor 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 2021Property tax & assessments
Tax year 2021
Tax billed
$544
Tax year 2021
Assessed value
$720,400
Assessed 2023
Previous assessed
$639,600
+12.6% YoY
Effective rate
0.08%
On assessed value
Assessed land
$50,500
Assessed improvement
$669,900
Applied tax rate
2,795.0000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2021
Construction
CONCRETE
Heating
FORCED AIR
Stories
2
Rooms
3
Bathrooms
1
Total area
4,994 SF
Lot
0.59 ac (25,700 SF)
Zoning code
URD1
APN
BANG M:018 L:005
UPID
US42-0009151
Jurisdiction
BANGOR
Zoning & alternative use
URD1 · Bangor, ME
Zoning URD1 · permitted uses
URD1 · Bangor, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bangor. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
CONCRETE
Heating
FORCED AIR
Stories
2
Rooms
3
Bathrooms
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Penquis Cap INC
Entity
Mailing address
PO BOX 1162, BANGOR, ME 04402-1162
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 5, 2020
—
Penquis Cap INC
Devin Dority
Warranty Deed
related
—
Apr 12, 2016
—
Jp Morgan Chase Bk NA
Jpmc Specialty Mtg LLC|lowe,heather M
Trustees Deed
related
—
Mar 3, 2016
—
Heather M Snell
City Of Bangor
Quit Claim Deed
—
Sep 1, 2005
—
Heather M Lowe
—
Deed Of Trust
related
$75,100 · Ameriquest Mortgage Corp
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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