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Property profile & analytics
OFF-MARKET
Hotels
133 Ocean Ave Kennebunkport, ME 04046
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0576277
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1900
Construction
FRAME
Total area
19,395 SF
Lot
0.79 ac (34,400 SF)
Zoning code
VRE
APN
KENP M:8 B:1 L:5
UPID
US42-0576277
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
-
Stripers Waterside 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
127 Ocean Ave LLC · 1 yrs held
127 Ocean Ave LLC
since 2025
Last sale
$11.0M
2 recorded transactions
Zoning & alternative use
VRE · Kennebunkport, 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 Kennebunkport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennebunkport 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
$14,374
Tax year 2023
Assessed value
$2,299,900
Assessed 2023
Previous assessed
$2,299,900
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$1,219,500
Assessed improvement
$1,080,400
Applied tax rate
36,745.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
9
Total area
19,395 SF
Lot
0.79 ac (34,400 SF)
Zoning code
VRE
APN
KENP M:8 B:1 L:5
UPID
US42-0576277
Jurisdiction
KENNEBUNKPORT
Zoning & alternative use
VRE · Kennebunkport, ME
Zoning VRE · permitted uses
VRE · Kennebunkport, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennebunkport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
9
Lot
0.79 ac
Current owner
From public records · entity-resolved
127 Ocean Ave LLC
Entity
Mailing address
155 LITTLEFIELD AVE, BANGOR, ME 04401-7206
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
$10,970,000
127 Ocean Ave LLC
Breakwater-kennebunkport
Deed
$9,200,000 · Kennebunk Savings Bank
Sep 12, 2018
—
Breakwater Kennebunkport
—
Deed
related
$5,600,000 · Kennebunk Svgs Bank
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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