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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Commercial real estate
250 Main St Ogunquit, ME 03907-3203
Individually Owned
1-yr Hold
Free & Clear
Property ID
US42-0495343
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1833
Construction
FRAME
Total area
7,588 SF
Lot
0.42 ac (18,295 SF)
Zoning code
DBD
APN
OGUN M:007 L:069
UPID
US42-0495343
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
-
Old Village Inn Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.85M
Owner & transaction history
Maria L Pelonzi · 1 yrs held
Maria L Pelonzi
since 2025
Last sale
$1.9M
4 recorded transactions
Zoning & alternative use
DBD · Ogunquit, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+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
$1,850,000
ML approach
$1,850,000
CAP Approach
CAP Return
Estimation
6%
$1,570,000
6.5%
$1,450,000
7%
$1,345,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,105,000
Current use
RETAIL STORES
$2,110,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.85M (May 16 2024)
Last sale anchor
$1.85M
May 16 2024
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
$244 / 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
$13,129
Tax year 2023
Assessed value
$2,032,400
Assessed 2023
Previous assessed
$2,032,400
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$652,500
Assessed improvement
$1,379,900
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 (GENERAL)
Status
Off-Market
Year built
1833
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
2
Stories
3
Units
7
Total area
7,588 SF
Lot
0.42 ac (18,295 SF)
Zoning code
DBD
APN
OGUN M:007 L:069
UPID
US42-0495343
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
$2.1M
RETAIL STORES
Est. value
$2.1M
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
1833
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
2
Units
7
Lot
0.42 ac
Current owner
From public records · entity-resolved
Maria L Pelonzi
Individual
Free & Clear · 1 yrs held
Mailing address
250 MAIN ST, OGUNQUIT, ME 03907-3203
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
—
Ovi Group LLC
—
Deed
related
$2,950,000 · Kennebunk Savings Bank
Jul 1, 2025
$920,000
Maria L Pelonzi
Old Vlg Inn Re Hldg LLC
Deed
—
May 16, 2024
$1,850,000
Ovi Group LLC
Old Vlg Inn Re Hldg LLC
Quit Claim Arm's Length For Ne States
$1,938,500 · Kennebunk Savings Bank
Feb 27, 2018
—
Old Village Inn Re Hldgs
Ovi INC
Quit Claim Deed
related
$800,000
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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