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Property profile & analytics

501 Main St Ogunquit, ME 03907

  • Turn key restaurants
  • 3,906 SF
  • 0.23 lot acres
OFF-MARKET
Value Estimation
$350,000
Location Intelligence
Property ID
US42-0168234
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

  • Egg & I Pancake and Waffle House / Breakfast Restaurant

Property Details for 501 Main St

Year built
1960
Construction
FRAME
Lot size
0.23 lot acres
Property size
3,906 SF
Zone code
GBD2
Property type
Turn key restaurants
APN
OGUN M:008 L:004
APU
OGUNM008L004

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $315,000
  • CAP approach

    CAP return
    Estimation
    6%
    $365,000
    6.5%
    $425,000
    7%
    $395,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $365,000
    Geo Method
    $405,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $455,000
    Retail
    $385,000
    Mixed-Use
    $425,000
    Hospitality
    $420,000
    Educational
    $420,000
    Residential Income
    $450,000
    Energy
    $380,000
    Income-Based Land
    $380,000
    Food Service
    $420,000

Location Insight

  • Map
  • Local Demand
City
Ogunquit
County
York
State
Maine
Longitude
-70.5993
Latitude
43.2586
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
$6,417
$669,900
$323,500
$993,400
-
$0.00
$0.00
$0.00
More about this property
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