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Property profile

424 Walnut Hill Rd North Yarmouth, ME 04097

FOR SALE
Turn key restaurants
Property ID
US42-0193916
3,860 SF 0.52 ac lot Built 1950
Last sale Aug 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located on Walnut Hill Road in North Yarmouth, the property includes two buildings totaling approximately 6,749 square feet. The main building is a two-story structure with 4,624 square feet, featuring a 2,999-square-foot restaurant on the first floor and two-bedroom apartment space on the second floor. The second building is a barn and event center with 1,225 square feet on the first floor and an additional 900 square feet of unfinished attic space. Renovations were completed in the last…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$576k
Assessed land$90k
Assessed improvement$486k
Effective rate1.92%

Value estimate

· Oct 2026
$375k
$338k – $413k
AI approach$375k
NOI build-up
Gross scheduled income$148k
Vacancy & credit loss−$12k
Operating expenses−$51k
NOI · 6.55% cap applied$85k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6.55%
$85k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNORTH YARMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.0
Dental Office9.8
Auto Parts Store9.3

Location

424 Walnut Hill Rd North Yarmouth, ME 04097
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
383 Gray, North Yarmouth, ME 04097-6074 $1,025,000 Apr 2023 7,296 SF
264 Hallowell, North Yarmouth, ME 04097 $249,900 Apr 2023 2,528 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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