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Property profile & analytics
OFF-MARKET
Turn key restaurants
18 Portland St South Berwick, ME 03908-1209
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US42-0360366
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1870
Construction
FRAME
Total area
6,552 SF
Lot
0.09 ac (3,920 SF)
Zoning code
B1 BUS
APN
SBER M:028 B:165
UPID
US42-0360366
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
-
Odd Fellows Tavern 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
Beartaigh LLC · 7 yrs held
Beartaigh LLC
since 2019
5 recorded transactions
Zoning & alternative use
B1 BUS · South Berwick, 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 South Berwick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Berwick 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
$6,639
Tax year 2023
Assessed value
$475,600
Assessed 2023
Previous assessed
$408,400
+16.5% YoY
Effective rate
1.40%
On assessed value
Assessed land
$135,700
Assessed improvement
$339,900
Applied tax rate
70,030.0000
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
1870
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Rooms
8
Bathrooms
2
Total area
6,552 SF
Lot
0.09 ac (3,920 SF)
Zoning code
B1 BUS
APN
SBER M:028 B:165
UPID
US42-0360366
Jurisdiction
SOUTH BERWICK
Zoning & alternative use
B1 BUS · South Berwick, ME
Zoning B1 BUS · permitted uses
B1 BUS · South Berwick, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Berwick. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1870
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Rooms
8
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Beartaigh LLC
Entity
Mailing address
36 VAUGHANS LN, SOUTH BERWICK, ME 03908-1711
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2019
—
Beartaigh LLC
—
Deed
related
$160,000 · Eastern Bank
Dec 2, 2016
—
Beartaigh LLC
—
Deed
related
$170,000 · Eastern Bk
May 2, 2013
—
Beartaigh LLC
—
Deed Of Trust
related
$25,000 · Peoples Bank
Apr 29, 2013
—
Beartaigh LLC
—
Deed Of Trust
related
$155,000 · Peoples Bank
—
—
Beartaigh LLC
—
Deed Of Trust
related
$170,000 · Eastern Bk
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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