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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Commercial real estate
20 Shr Rd1r Ogunquit, ME 03907-3700
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0233614
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1961
Total area
1,796 SF
Lot
0.14 ac (6,098 SF)
Zoning code
DBD
APN
OGUN M:007 L:118 U:008
UPID
US42-0233614
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
-
Twenty Shore Guest Suites Hotel & Motel
-
Ogunquit Chamber of Commerce Welcome Center Business Service Center Advocacy Group
-
Talking Threads Market (Bike/Boat/Book/etc) Store
-
Meyra Lamps & Jewelry Home Decor Store Department Store
-
Daisy Trading Co (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$345k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$560k
Owner & transaction history
November Charlies Re Hldg · 4 yrs held
November Charlies Re Hldg
since 2022
Last sale
$540,000
2 recorded transactions
Zoning & alternative use
DBD · Ogunquit, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$500,000
+0.2%
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
$690,000
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$370,000
6.5%
$345,000
7%
$320,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$500,000
Current use
RETAIL STORES
$500,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $540k (May 17 2022)
Last sale anchor
$540k
May 17 2022
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
$312 / 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
$1,903
Tax year 2023
Assessed value
$294,600
Assessed 2023
Previous assessed
$294,600
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$75,000
Assessed improvement
$219,600
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1961
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Bathrooms
1
Total area
1,796 SF
Lot
0.14 ac (6,098 SF)
Zoning code
DBD
APN
OGUN M:007 L:118 U:008
UPID
US42-0233614
Jurisdiction
OGUNQUIT
Zoning & alternative use
DBD · Ogunquit, ME
Zoning DBD · permitted uses
DBD · 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
COMMERCIAL (GENERAL) Current
Est. value
$500,000
RETAIL STORES
Est. value
$500,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1961
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
November Charlies Re Hldg
Individual
Mailing address
29 CARRIE LYNN LN, YORK, ME 03909-5148
Ownership since
2022
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
May 17, 2022
$540,000
November Charlies Re Hldg
Jonathan Sevigney
Warranty Deed
$432,000 · Kennebunk Savings Bank
Dec 8, 2017
—
Jonathan Sevigney
Miller,richard C
Warranty Deed
—
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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