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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Commercial real estate
277 Main St Ogunquit, ME 03907
Entity Owned
3-yr Hold
Free & Clear
Property ID
US42-0238884
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1720
Construction
FRAME
Total area
3,319 SF
Lot
3.24 ac (141,134 SF)
Zoning code
SP
APN
OGUN M:007 L:013 U:001
UPID
US42-0238884
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
-
The Black Boar Inn Hotel & Motel Bed & Breakfast
-
Black Boar Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$640k
Owner & transaction history
Ogunaquit My Job LLC · 3 yrs held
Ogunaquit My Job LLC
since 2023
7 recorded transactions
Zoning & alternative use
SP · Ogunquit, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$920,000
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$685,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$920,000
Current use
RETAIL STORES
$920,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$193 / 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
$10,087
Tax year 2023
Assessed value
$1,561,400
Assessed 2023
Previous assessed
$1,561,400
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$237,800
Assessed improvement
$1,323,600
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
1720
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
7
Rooms
12
Bathrooms
8
Total area
3,319 SF
Lot
3.24 ac (141,134 SF)
Zoning code
SP
APN
OGUN M:007 L:013 U:001
UPID
US42-0238884
Jurisdiction
OGUNQUIT
Zoning & alternative use
SP · Ogunquit, ME
Zoning SP · permitted uses
SP · 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
$920,000
RETAIL STORES
Est. value
$920,000
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
1720
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
7
Rooms
12
Bathrooms
8
Lot
3.24 ac
Current owner
From public records · entity-resolved
Ogunaquit My Job LLC
Entity
Free & Clear · 3 yrs held
Mailing address
277 MAIN ST, OGUNQUIT, ME 03907
Ownership since
2023
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
Jul 17, 2023
—
Ogunaquit My Job LLC
Joseph A Rafferty
Warranty Deed
—
May 16, 2023
$1,625,000
Joseph A Rafferty
Coso Enterprises LLC
Warranty Deed
$1,300,000 · Camden National Bank
Nov 25, 2020
—
Coso Ents LLC
—
Deed
related
$60,000 · Black Boar Inn LLC
Jan 24, 2019
—
Coso Enterprises LLC
—
Deed
related
$520,000 · Bangor Savings Bank
Sep 25, 2013
—
Coso Enterprises LLC
Ac Associates T
Grant Deed
related
$135,000 · Misc Other
Jul 26, 2006
—
Kaufman,peter
—
Grant Deed
related
$197,250 · Wayne R Fette
—
—
Coso Ents LLC
—
Deed Of Trust
related
$60,000 · Black Boar Inn LLC
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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