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Property profile & analytics
OFF-MARKET
Estimated value
$325,000
Investment properties
38 Bch St Ogunquit, ME 03907-4102
Individually Owned
6-yr Hold
Property ID
US42-0878151
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.66 ac (28,750 SF)
Zoning code
SLC
APN
OGUN M:007 L:096
UPID
US42-0878151
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$325k
Owner & transaction history
James A Kanis · 6 yrs held
James A Kanis
since 2019
3 recorded transactions
Zoning & alternative use
SLC · Ogunquit, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
stablished 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 Developmen…
Zone name
Shoreland Limited Commercial
General category
INDUSTRIAL
Zone area
28.68 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$325k
Range $293k – $358k · ±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
—
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
$14,972
Tax year 2023
Assessed value
$2,317,600
Assessed 2023
Previous assessed
$2,317,600
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,622,200
Assessed improvement
$695,400
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
Heating
NONE
Cooling
YES
Buildings
2
Units
21
Lot
0.66 ac (28,750 SF)
Zoning code
SLC
APN
OGUN M:007 L:096
UPID
US42-0878151
Jurisdiction
OGUNQUIT
Zoning & alternative use
SLC · Ogunquit, MEZoning SLC · permitted uses
SLC · Ogunquit, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
stablished 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 Protection District - SP Resource Protection
Zone name
Shoreland Limited Commercial
General category
INDUSTRIAL
Zone area
28.68 ac
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
21
Lot
0.66 ac
Current owner
From public records · entity-resolved
James A Kanis
Individual
Mailing address
PO BOX 831, OGUNQUIT, ME 03907-0831
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2019
—
James A Kanis
—
Deed
related
$285,000 · Allied First Bk Sb
Apr 24, 2006
—
Jill P Verhow
—
Deed Of Trust
related
$300,000 · Ocean National Bank
—
—
James A Kanis
—
Deed Of Trust
related
$285,000 · Allied First Bk Sb
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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