Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Commercial real estate
548 Main St Ogunquit, ME 03907-3212
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US42-0157335
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
4.67 ac (203,425 SF)
Zoning code
GBD2/R
APN
OGUN M:009 L:085 U:086
UPID
US42-0157335
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
-
Ogunquit Tides Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Redwood Resorts LLC · 10 yrs held
Redwood Resorts LLC
since 2016
7 recorded transactions
Zoning & alternative use
GBD2/R · Ogunquit, 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 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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$40,840
Tax year 2023
Assessed value
$6,322,000
Assessed 2023
Previous assessed
$6,322,000
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$2,176,600
Assessed improvement
$4,145,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
9
Units
72
Lot
4.67 ac (203,425 SF)
Zoning code
GBD2/R
APN
OGUN M:009 L:085 U:086
UPID
US42-0157335
Jurisdiction
OGUNQUIT
Zoning & alternative use
GBD2/R · Ogunquit, ME
Zoning GBD2/R · permitted uses
GBD2/R · Ogunquit, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ogunquit. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
9
Units
72
Lot
4.67 ac
Current owner
From public records · entity-resolved
Redwood Resorts LLC
Entity
Mailing address
548 MAIN ST, OGUNQUIT, ME 03907-3212
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2021
—
Redwood Resorts LLC
—
Deed
related
$6,200,000 · 1st National Bank
May 15, 2019
—
Redwood Resorts LLC
—
Deed
related
$1,452,974 · 1st National Bank
Nov 29, 2017
—
Redwood Resorts LLC
—
Deed
related
$242,356 · Machias Savings Bk
May 26, 2016
—
Redwood Resorts LLC
Ras Motel Corp
Intrafamily Transfer
related
—
Apr 13, 2012
—
Ras Motel Corp
—
Deed Of Trust
related
$60,000 · Kennebunk Savings Bank
Jul 26, 2010
—
Ras Motel Corp
—
Deed Of Trust
related
$2,462,000 · Kennebunk Savings Bank
Jun 11, 2008
—
Ras Motel Corp
—
Deed Of Trust
related
$130,000 · Kennebunk Savings Bank
Dec 29, 2005
—
Ras Motel Corp
—
Deed Of Trust
related
$500,000 · Kennebunk Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 548 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
