New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
937 Main St, Sanford, ME 04073-3507
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US42-0906096
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1880
Construction
FRAME
Total area
2,707 SF
Lot
0.14 ac (6,290 SF)
Zoning code
DB
APN
SANF M:0K30 B:54
UPID
US42-0906096
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
-
Sweet Memories Restaurant Restaurant
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
Allaire Holdings LLC · 9 yrs held
Allaire Holdings LLC
since 2017
6 recorded transactions
Zoning & alternative use
DB · Sanford, 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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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
$3,104
Tax year 2023
Assessed value
$205,000
Assessed 2023
Previous assessed
$205,000
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$70,200
Assessed improvement
$134,800
Applied tax rate
65,760.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Bathrooms
2
Total area
2,707 SF
Lot
0.14 ac (6,290 SF)
Zoning code
DB
APN
SANF M:0K30 B:54
UPID
US42-0906096
Jurisdiction
SANFORD
Zoning & alternative use
DB · Sanford, ME
Zoning DB · permitted uses
DB · Sanford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sanford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1880
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Allaire Holdings LLC
Entity
Mailing address
47 HUTCHINSON ST, SANFORD, ME 04073-2206
Ownership since
2017
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
Jun 2, 2017
—
Allaire Holdings LLC
Donald A Herrick
Intrafamily Transfer
related
$145,000 · Gorham Savings Bank
May 26, 2016
—
Donald A Herrick JR
Justin Jarmolowicz
Intrafamily Transfer
related
$28,500 · Justin Jarmolowicx
Jun 18, 2014
—
Justin Jarmolowicz
937 Main Street LLC
Warranty Deed
related
—
Nov 16, 2012
—
937 Main St LLC
Sanford Town Of
Grant Deed
related
—
Jan 22, 2008
—
937 Main Street LLC
—
Deed Of Trust
related
$500,000 · Camden National Bank
May 31, 2007
—
937 Main Street LLC
Hil-hil Corp
Warranty Deed
$370,000 · Lincoln Capital Group
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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