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Property profile & analytics
OFF-MARKET
Estimated value
$13,025,000
Industrial properties
7 Alewive Park Rd, Kennebunk, ME 04043-6134
Entity Owned
11-yr Hold
Free & Clear
Property ID
US42-0011795
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Construction
STEEL FRAME
Total area
88,178 SF
Lot
41.1 ac (1,790,316 SF)
APN
KENB M:027 L:014
UPID
US42-0011795
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
-
Kennebunk Savings Operations Center Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.99M
Comparable Approach
Comparable
$12.06M
Blend (final)
Blend
$13.03M
Owner & transaction history
Kennebunk Savings Bank · 11 yrs held
Kennebunk Savings Bank
since 2014
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.9M
+99.7%
Office building
$12.4M
+78.5%
Restaurant
$11.2M
+60.5%
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 Kennebunk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennebunk 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
by Request
CAP Approach
CAP Return
Estimation
6%
$15,155,000
6.5%
$13,990,000
7%
$12,990,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$13,880,000
Change: +100% · Conversion: Difficult
OFFICE BUILDING
$12,405,000
Change: +78% · Conversion: Difficult
RESTAURANT
$11,155,000
Change: +60% · Conversion: Difficult
RETAIL STORES
$10,115,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,970,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$13.03M
Range $11.72M – $14.33M · ±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
$148 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$173,399
Tax year 2024
Assessed value
$10,230,000
Assessed 2024
Previous assessed
$10,230,000
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,419,300
Assessed improvement
$8,810,700
Applied tax rate
36,535.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
88,178 SF
Lot
41.1 ac (1,790,316 SF)
APN
KENB M:027 L:014
UPID
US42-0011795
Jurisdiction
KENNEBUNK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$13.9M
OFFICE BUILDING
Est. value
$12.4M
RESTAURANT
Est. value
$11.2M
RETAIL STORES
Est. value
$10.1M
AUTO REPAIR, GARAGE
Est. value
$9.0M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
41.1 ac
Current owner
From public records · entity-resolved
Kennebunk Savings Bank
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 28, KENNEBUNK, ME 04043-0028
Ownership since
2014
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
May 23, 2018
—
Kennebunk Storage Solut
—
Deed
related
$146,083 · Kennebunk Svgs Bank
Dec 8, 2014
—
Kennebunk Savings Bank
William Arthur INC
Warranty Deed
related
—
Oct 1, 2014
—
William Arthur INC
—
Grant Deed
related
$85,000,000 · Highbridge Principal Strategie
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
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