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    Property profile & analytics

    92 Bournes Ln Ogunquit, ME 03907-3813

    • Turn key restaurants
    • 13,392 SF
    • 0.59 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 22, 2024
    Location Intelligence
    Property ID
    US42-0129373
    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

    • Turn key restaurants

    Property Details for 92 Bournes Ln

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.59 lot acres
    Property size
    13,392 SF
    Zone code
    SLC
    Property type
    Turn key restaurants
    APN
    OGUN M:005 L:006
    APU
    OGUNM005L006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ogunquit
    County
    York
    State
    Maine
    Longitude
    -70.6014
    Latitude
    43.2419
    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
    $13,131
    $963,500
    $1,069,200
    $2,032,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,108 SF

      70 Perkins Cv Rd

      RESTAURANT • 4,108 SF
      70 Perkins Cv Rd, Ogunquit, ME 03907
      View Details
    • Value Estimation
      $185,000
      1,647 SF

      185 Main St

      RESTAURANT • 1,647 SF
      185 Main St, Ogunquit, ME 03907
      View Details
    • Value Estimation
      $345,000
      1,936 SF

      173 Main St

      RESTAURANT • 1,936 SF
      173 Main St, Ogunquit, ME 03907
      View Details
    • Value Estimation by Request
      8,283 SF

      504 Main St

      RESTAURANT • 8,283 SF
      504 Main St, Ogunquit, ME 03907
      View Details
    • Value Estimation
      $715,000
      4,613 SF

      221 Main St

      RESTAURANT • 4,613 SF
      221 Main St, Ogunquit, ME 03907
      View Details
    • Value Estimation
      $380,000
      3,049 SF

      68 Shr Rd

      RESTAURANT • 3,049 SF
      68 Shr Rd, Ogunquit, ME 03907
      View Details

    Similar Nearby for Sale

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      12,608 SF

      Santa Clara Flex Space, 96,500 SF

      Industrial Condo, Ideal for Business
      309 Shore Rd, Ogunquit, ME 03907
      View Details
    • Contact for pricing
      4,679 SF

      Ogunquit Restaurant with Pizzeria

      Established restaurant with pizzeria, lounge, and apartment near Perkins Cove.
      200 Shore Rd, Ogunquit, ME 03907
      View Details
    • $539,000
      1,796 SF

      Ogunquit Village Commercial Condominium

      Renovated commercial space in the heart of Ogunquit Village.
      20 Shr Rd Unit 1R, Ogunquit, ME 03907
      View Details
    • New
      $2,775,000
      4,679 SF

      Ogunquit Shore Road Commercial Landmark

      Storied restaurant, pizzeria, and apartment in prime coastal location.
      200 Shore Rd, Ogunquit, ME 03907
      View Details
    • $2,700,000

      Ogunquit Restaurant with Residential Unit

      High-end restaurant with outdoor dining, bar, and residential unit.
      261 Shore Rd, Ogunquit, ME 03907
      View Details
    • $1,650,000
      0.34 Acres

      Waterfront Lot in Perkins Cove

      Rare .34-acre waterfront lot in the heart of Perkins Cove.
      413 Shore Rd, Ogunquit, ME 03907
      View Details
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    92 Bournes Ln
    Ogunquit, ME 03907-3813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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