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Property profile & analytics
OFF-MARKET
Commercial real estate
41 Turbats Crk Rd Kennebunkport, ME 04046-6502
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0550765
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Lot
3.9 ac (169,809 SF)
Zoning code
VRE
APN
KENP M:20 B:4 L:36
UPID
US42-0550765
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
-
Rhumb Line Resort Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kassandra A Matthews · 4 yrs held
Kassandra A Matthews
since 2022
7 recorded transactions
Zoning & alternative use
VRE · Kennebunkport, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Kennebunkport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennebunkport 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$18,476
Tax year 2023
Assessed value
$2,956,100
Assessed 2023
Previous assessed
$2,956,100
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$276,800
Assessed improvement
$2,679,300
Applied tax rate
36,745.0000
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
1985
Heating
NONE
Buildings
2
Units
58
Lot
3.9 ac (169,809 SF)
Zoning code
VRE
APN
KENP M:20 B:4 L:36
UPID
US42-0550765
Jurisdiction
KENNEBUNKPORT
Zoning & alternative use
VRE · Kennebunkport, ME
Zoning VRE · permitted uses
VRE · Kennebunkport, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kennebunkport. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Buildings
2
Units
58
Lot
3.9 ac
Current owner
From public records · entity-resolved
Kassandra A Matthews
Individual
Mailing address
41 TURBATS CRK RD, KENNEBUNKPORT, ME 04046-6502
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2024
—
Rhumb Line Motor Lodge
—
Deed
related
$147,500 · Kennebunk Savings Bank
Jul 19, 2022
—
Kassandra A Matthews
Kyle H Matthews
Warranty Deed
related
—
Dec 22, 2021
—
Rhumb Line Motor Lodge
—
Deed
related
$100,000 · Kennebunk Savings Bank
Dec 11, 2020
—
Rhumb Ln Motor Lodge INC
—
Deed
related
$1,110,507 · Kennebunk Savings Bank
Apr 18, 2013
—
Line Motor Lodge Rhumb
—
Deed Of Trust
related
$50,000 · Kennebunk Savings Bank
May 7, 2010
—
Line Motor Lodge Rhumb
—
Deed Of Trust
related
$100,000 · Kennebunk Savings Bank
Apr 10, 2009
—
Line Motor Lodge Rhumb
—
Deed Of Trust
related
$1,513,114 · Kennebunk Savings Bank
Apr 22, 2008
—
Line Motor Lodge Rhumb
—
Deed Of Trust
related
$200,000 · Kennebunk Savings Bank
Sep 4, 2007
—
Sandra J Mraz
—
Deed Of Trust
related
$100,000 · Ocean National Bank
May 24, 2007
—
Line Motor Lodge Rhumb
—
Deed Of Trust
related
$50,000 · Kennebunk Savings Bank
Jan 16, 2007
—
Line Motor Lodge Rhumb
—
Deed Of Trust
related
$75,000 · Kennebunk Savings Bank
Jun 30, 2005
—
Rhumb Line Motor Ldg INC
—
Deed Of Trust
related
$200,000 · Kennebunk Savings Bank
—
—
Rhumb Line Motor Lodge INC
—
Loan Modification
related
$100,000 · 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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