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Property profile & analytics
OFF-MARKET
Estimated value
$290,000
Investment properties
331 Shr Rd Ogunquit, ME 03907
Entity Owned
13-yr Hold
Property ID
US42-0760530
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1929
Construction
FRAME
Total area
4,403 SF
Lot
0.24 ac (10,454 SF)
Zoning code
SLR
APN
OGUN M:003 L:053
UPID
US42-0760530
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
-
That Place in Ogunquit Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$708k
Blend (final)
Blend
$290k
Owner & transaction history
Kyle D LLC · 13 yrs held
Kyle D LLC
since 2013
7 recorded transactions
Zoning & alternative use
SLR · Ogunquit, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
are considered to be the Shoreland Zones, established pursuant to the Maine Department of Environmental Protection Shoreland Zoning Guidelines: [Amended 6-11-2019 ATM by Art. 5] Shoreland Limited Residential District - SLR Shoreland Limited Commercial District - SLC Shoreland General Development 1 - Ogunquit Beach - SG1 Shoreland General Development 2 - Perk…
Zone name
Shoreland Limited Residential
General category
COMMERCIAL
Zone area
180.57 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$290k
Range $261k – $319k · ±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
$66 / 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
$7,435
Tax year 2023
Assessed value
$1,151,000
Assessed 2023
Previous assessed
$1,151,000
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$635,400
Assessed improvement
$515,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
5
Total area
4,403 SF
Lot
0.24 ac (10,454 SF)
Zoning code
SLR
APN
OGUN M:003 L:053
UPID
US42-0760530
Jurisdiction
OGUNQUIT
Zoning & alternative use
SLR · Ogunquit, MEZoning SLR · permitted uses
SLR · Ogunquit, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
are considered to be the Shoreland Zones, established pursuant to the Maine Department of Environmental Protection Shoreland Zoning Guidelines: [Amended 6-11-2019 ATM by Art. 5] Shoreland Limited Residential District - SLR Shoreland Limited Commercial District - SLC Shoreland General Development 1 - Ogunquit Beach - SG1 Shoreland General Development 2 - Perkins Cove - SG2 Shoreland General Development 3 - Ogunquit Playhouse - SG3 Stream P
Zone name
Shoreland Limited Residential
General category
COMMERCIAL
Zone area
180.57 ac
Building & site characteristics
From public records
Year built
1929
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
Kyle D LLC
Entity
Mailing address
PO BOX 1825, OGUNQUIT, ME 03907-1825
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2020
—
Kyle D LLC
—
Deed
related
$1,055,000 · Kennebunk Savings Bank
Nov 16, 2018
—
Bikd LLC
—
Deed
related
$390,000 · Kennebunk Svgs Bk
Feb 12, 2013
—
Kyle D LLC
Staco Realty LLC
Deed Of Trust
related
$450,000 · Kennebunk Savings Bank
Dec 5, 2011
—
Staco Realty LLC
—
Deed Of Trust
related
$135,000 · University Cu
Oct 25, 2010
—
Staco Realty LLC
—
Deed Of Trust
related
$202,430 · Key Bank NA
Mar 14, 2008
—
Staco Realty LLC
—
Deed Of Trust
related
$200,000 · Key Bank NA
Jul 30, 2007
—
Staco Realty LLC
—
Deed Of Trust
related
$495,000 · Key Bank NA
Jun 9, 2005
—
Staco Realty LLC
—
Deed Of Trust
related
$235,000 · University Cu
—
—
Bikd LLC
—
Deed Of Trust
related
$650,000 · Kennebunk Svgs Bk
—
—
Bikd LLC
—
Deed Of Trust
related
$390,000 · Kennebunk Svgs Bk
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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