Financial
Distress signals
Property profile

209 Sanford Rd Wells, ME 04090

FOR SALE
Other commercial real estate
Property ID
US42-0308537
2,877 SF 0.98 ac lot Built 1988
Last sale Mar 2023 · $1,270,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1,500-square-foot commercial space located on Sanford Road in Wells, Maine. The space is configured for automotive and related uses, and includes three vehicle lifts and air compressor equipment. The property also provides ample off-street parking to support customer and vehicle access.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$1.11M
Assessed land$493k
Assessed improvement$615k
Effective rate0.60%

Value estimate

· Sep 2026
$815k
$734k – $897k
NOI build-up
Gross scheduled income$154k
Vacancy & credit loss−$12k
Operating expenses−$53k
NOI · 7.58% cap applied$89k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$277/SF
County average, outlier-cleaned · 134 recorded sales of this use type
Observed band · Q1–Q3$126 – $447
Qualifying comparables16

Cap rate analysis

How does the asset earn?
7.58%
$89k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
RC
Residential-Commercial District. [ 4-28-1995 ; 10-6-1998 ; 4-16-1999 ; 11-7-2000 ; 4-12-2003 ; 6-13-2006 [1] ; 6-8-2010 ; 6-14-2011 ; 6-1...
General categoryCOMMERCIAL
JurisdictionWELLS

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service8.9
Bakery8.4
Furniture Store8.4

Location

209 Sanford Rd Wells, ME 04090
County assessor Recorded deeds · 4 transfers 16 qualifying comp sales Zoning catalog

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

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1907 Sanford, Wells, ME 04090-6437 $335,000 Jan 2026 6,000 SF
345 Mile, Wells, ME 04090 $1,000,000 Jan 2026 624 SF
1692 Berwick, Wells, ME 04090-7105 $499,000 Sep 2024 1,352 SF
614 Post, Wells, ME 04090-4022 $1,150,000 Oct 2023 1,408 SF
1404 Post, Wells, ME 04090-4508 $2,050,000 Feb 2023 2,942 SF
876 Post, Wells, ME 04090-4106 $2,250,000 Aug 2022 3,248 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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