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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Hotels
14 Vlg Sq Ln Ogunquit, ME 03907-3130
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US42-0066917
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Year built
1929
Construction
FRAME
Total area
5,525 SF
Lot
3.25 ac (141,570 SF)
Zoning code
GBD1/D
APN
OGUN M:007 L:122
UPID
US42-0066917
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
$1.03M
Comparable Approach
Comparable
$737k
Blend (final)
Blend
$1.10M
Owner & transaction history
14 Village Square LLC · 1 yrs held
14 Village Square LLC
since 2025
7 recorded transactions
Zoning & alternative use
GBD1/D · Ogunquit, 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 Ogunquit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ogunquit 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,115,000
6.5%
$1,030,000
7%
$955,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,535,000
Change: -19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,530,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$198 / 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
$11,521
Tax year 2023
Assessed value
$1,783,500
Assessed 2023
Previous assessed
$1,783,500
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$825,400
Assessed improvement
$958,100
Applied tax rate
54,980.0000
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-RESORT
Status
Off-Market
Year built
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
17
Bathrooms
17
Total area
5,525 SF
Lot
3.25 ac (141,570 SF)
Zoning code
GBD1/D
APN
OGUN M:007 L:122
UPID
US42-0066917
Jurisdiction
OGUNQUIT
Zoning & alternative use
GBD1/D · Ogunquit, ME
Zoning GBD1/D · permitted uses
GBD1/D · Ogunquit, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ogunquit. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
17
Bathrooms
17
Lot
3.25 ac
Current owner
From public records · entity-resolved
14 Village Square LLC
Entity
Mailing address
PO BOX 668, OGUNQUIT, ME 03907-0668
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
—
14 Village Square LLC
—
Deed
related
$119,200 · Kennebunk Savings Bank
Feb 7, 2025
—
14 Village Square LLC
Gazebo Real Estate LLC
Warranty Deed
$3,684,800 · Kennebunk Savings Bank
Jan 8, 2021
—
Gazebo Re LLC
—
Deed
related
$3,785,000 · Key Bank NA
Nov 21, 2014
—
Gazebo Real Estate LLC
—
Grant Deed
related
$4,995,000 · Keybank Nat'l Assn/edgewood
May 13, 2010
—
Gazebo Re LLC
—
Deed Of Trust
related
$1,056,176 · Key Bank NA
Nov 15, 2006
—
Robert C Steele
—
Deed Of Trust
related
$140,550 · Kennebunk Savings Bank
Apr 3, 2006
—
Robert C Steele
—
Deed Of Trust
related
$150,000 · Kennebunk Savings 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.
Try Rey
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