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    Property profile & analytics

    312 Shr Rd Ogunquit, ME 03907

    • Hotels
    • 5,974 SF
    • 1.25 lot acres
    OFF-MARKET
    Value Estimation
    $2,605,000
    Last Sale
    Mar 07, 2022
    $2,200,000
    Location Intelligence
    Property ID
    US42-0533514
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Perkins Cove Kitchen / Restaurant
    • Inn at Perkins Cove (formerly Hartwell House Inn) / Inn / Bed & Breakfast

    Property Details for 312 Shr Rd

    Year built
    1950
    Construction
    FRAME
    Lot size
    1.25 lot acres
    Property size
    5,974 SF
    Zone code
    LB/R
    Property type
    Hotels
    APN
    OGUN M:003 L:006
    APU
    OGUNM003L006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,805,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,190,000
      6.5%
      $2,245,000
      7%
      $2,355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,125,000
      Geo Method
      $2,265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,165,000
      Retail
      $2,395,000
      Mixed-Use
      $2,090,000
      Hospitality
      $2,310,000
      Educational
      $2,415,000
      Residential Income
      $2,015,000
      Energy
      $1,870,000
      Income-Based Land
      $2,060,000
      Food Service
      $1,895,000

    Location Insight

    • Map
    • Local Demand
    City
    Ogunquit
    County
    York
    State
    Maine
    Longitude
    -70.5953
    Latitude
    43.239
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,164
    $1,195,500
    $997,100
    $2,192,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,229 SF

      276 Shr Rd

      HOTEL • 20,229 SF
      276 Shr Rd, Ogunquit, ME 03907-3900
      View Details
    • Value Estimation by Request
      6,795 SF

      115 Bch St

      HOTEL • 6,795 SF
      115 Bch St, Ogunquit, ME 03907-4103
      View Details
    • Value Estimation
      $420,000
      2,902 SF

      73 School St

      HOTEL-RESORT • 2,902 SF
      73 School St, Ogunquit, ME 03907
      View Details
    • Value Estimation
      $350,000
      1,608 SF

      48 Whistling Oyster Ln

      HOTEL-RESORT • 1,608 SF
      48 Whistling Oyster Ln, Ogunquit, ME 03907
      View Details
    • Value Estimation by Request
      9,157 SF

      2 Grasshopper Ln

      HOTEL-RESORT • 9,157 SF
      2 Grasshopper Ln, Ogunquit, ME 03907-3229
      View Details
    • Value Estimation
      $1,665,000
      3,072 SF

      67 Main St

      HOTEL-RESORT • 3,072 SF
      67 Main St, Ogunquit, ME 03907
      View Details

    Similar Nearby for Sale

    • $6,500,000
      5,525 SF

      Prime Ogunquit Commercial Inn

      Coastal Maine Inn, 17 Rooms, 3.25 Acres
      14 Vlg Sq Ln, Ogunquit, ME 03907
      View Details
    • $4,950,000
      12,608 SF

      Santa Clara Flex Space, 96,500 SF

      Industrial Condo, Ideal for Business
      309 Shore Rd, Ogunquit, ME 03907
      View Details
    • Contact for pricing
      4,679 SF

      Ogunquit Restaurant with Pizzeria

      Established restaurant with pizzeria, lounge, and apartment near Perkins Cove.
      200 Shore Rd, Ogunquit, ME 03907
      View Details
    • $3,299,000
      1,368 SF

      Ocean View Multi-Family Investment

      Renovated multi-family property with ocean views and rental income potential.
      117 Perkins Cv Rd, Ogunquit, ME 03907
      View Details
    • $539,000
      1,796 SF

      Ogunquit Village Commercial Condominium

      Renovated commercial space in the heart of Ogunquit Village.
      20 Shr Rd Unit 1R, Ogunquit, ME 03907
      View Details
    • $1,650,000
      0.34 Acres

      Waterfront Lot in Perkins Cove

      Rare .34-acre waterfront lot in the heart of Perkins Cove.
      413 Shore Rd, Ogunquit, ME 03907
      View Details
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    312 Shr Rd
    Ogunquit, ME 03907
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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