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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
2 Usen Ln Old Orchard Beach, ME 04064-1904
Entity Owned
14-yr Hold
Free & Clear
Property ID
US42-0111722
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
2015
Total area
374 SF
Lot
0.23 ac (10,004 SF)
Zoning code
R-1
APN
OOBH M:206 B:26 L:7
UPID
US42-0111722
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
-
Ne're Beach Bungalow Vacation Rental Real Estate Agency
-
Beach Health Center Medical Certificate Service
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
Cocoloba LLC · 14 yrs held
Cocoloba LLC
since 2012
3 recorded transactions
Zoning & alternative use
R-1 · Old Orchard Beach, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
but residential homes, prior to the adoption of this section, and therefore “grandfathered”, require the establishment of “good neighbor” performance standards that are specific to the district. Residential- 1 District (R-1) Sec. 78-486. - Purpose. The residential 1 district (R-1) is established as a zoning district in which the principal use of the land is…
Zone name
Residential 1 District
General category
RESIDENTIAL
Zone area
192.60 ac
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 Old Orchard Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Orchard Beach 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
$947
Tax year 2023
Assessed value
$83,040
Assessed 2023
Previous assessed
$176,140
-52.9% YoY
Effective rate
1.14%
On assessed value
Assessed land
$71,040
Assessed improvement
$12,000
Applied tax rate
55,085.0000
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
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Status
Off-Market
Year built
2015
Heating
BASEBOARD
Buildings
1
Stories
1
Rooms
3
Bathrooms
1
Total area
374 SF
Lot
0.23 ac (10,004 SF)
Zoning code
R-1
APN
OOBH M:206 B:26 L:7
UPID
US42-0111722
Jurisdiction
OLD ORCHARD BEACH
Zoning & alternative use
R-1 · Old Orchard Beach, MEZoning R-1 · permitted uses
R-1 · Old Orchard Beach, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
but residential homes, prior to the adoption of this section, and therefore “grandfathered”, require the establishment of “good neighbor” performance standards that are specific to the district. Residential- 1 District (R-1) Sec. 78-486. - Purpose. The residential 1 district (R-1) is established as a zoning district in which the principal use of the land is for single-family residences in detached dwellings and customary accessory, educati
Zone name
Residential 1 District
General category
RESIDENTIAL
Zone area
192.60 ac
Building & site characteristics
From public records
Year built
2015
Heating
BASEBOARD
Stories
1
Buildings
1
Rooms
3
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Cocoloba LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 537, OLD ORCHARD BEACH, ME 04064-0537
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2012
—
Pacy LLC
—
Deed Of Trust
related
$75,000 · Saco & Biddeford Savings
Mar 26, 2012
—
Cocoloba LLC
Wells Fargo Bank NA
Grant Deed
related
—
Oct 24, 2005
—
Kisindja Matiyabo
Caiazzo,susan E
Warranty Deed
related
$336,000 · Merrimac Mortgage Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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