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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Office buildings
1413 Post Rd, Wells, ME 04090-4571
Individually Owned
~
Est. High Equity
Property ID
US42-0398197
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1968
Total area
2,585 SF
Lot
0.52 ac (22,648 SF)
Zoning code
GB
APN
WLLS M:129 L:31-B
UPID
US42-0398197
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
-
Seagull Resort and Condominiums Hotel & Motel Resort
-
Seagull Unit 3 Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$668k
Blend (final)
Blend
$675k
Owner & transaction history
Hurd Christopher
Hurd Christopher
since 2026
7 recorded transactions
Zoning & alternative use
GB · Wells, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$720,000
+43.5%
Commercial (general)
$715,000
+43.2%
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 Wells submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wells 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%
$755,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$500,000
Current use
RETAIL STORES
$720,000
Change: +43% · Conversion: Moderate
COMMERCIAL (GENERAL)
$715,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$261 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,479
Tax year 2023
Assessed value
$751,530
Assessed 2023
Previous assessed
$751,530
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$424,880
Assessed improvement
$326,650
Applied tax rate
81,475.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1968
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Total area
2,585 SF
Lot
0.52 ac (22,648 SF)
Zoning code
GB
APN
WLLS M:129 L:31-B
UPID
US42-0398197
Jurisdiction
WELLS
Zoning & alternative use
GB · Wells, ME
Zoning GB · permitted uses
GB · Wells, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wells. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$500,000
RETAIL STORES
Est. value
$720,000
COMMERCIAL (GENERAL)
Est. value
$715,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1968
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Hurd Christopher
Individual
Mailing address
PO BOX 1559, WELLS, ME 04090-1559
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
$652,000
Hurd Christopher
Pelletier Marthe
Warranty Deed
—
Apr 21, 2026
—
O'brien Ft
Obrien Karen
Quitclaim Deed
—
Feb 21, 2025
—
Seagull Office Prop LLC
See-all RT
Warranty Deed
—
Apr 14, 2022
$300,000
Ruth E Spring
Mary K White
Warranty Deed
—
Jun 14, 2021
—
Freeman Ret
Post Road 64 LLC
Warranty Deed
—
Mar 29, 2013
—
Seagull Office Props LLC
First Coast Rlty&dev LLC
Warranty Deed
related
$297,500 · Biddeford Savings Bank
Oct 8, 2010
—
First Coast Rlty&dev LLC
—
Deed Of Trust
related
$100,000 · Misc Other
Mar 10, 2010
—
First Coast Realty
—
Deed Of Trust
related
$300,000 · Misc Other
Jun 19, 2008
—
First Coast Rlty&dev LLC
—
Deed Of Trust
related
$450,000 · Worth Funding INC
Apr 3, 2008
—
First Coast Rlty&dev LLC
—
Deed Of Trust
related
$1,750,000 · Bank Of New England NA
Mar 10, 2008
—
First Coast Rlty&dev LLC
—
Deed Of Trust
related
$1,850,000 · Misc Other
Mar 5, 2008
—
John M Braceland
—
Deed Of Trust
related
$57,000 · Ditech Com
Sep 1, 2006
—
Amy M Haroutunian
—
Deed Of Trust
related
$152,000 · Gmac Mortgage Corp Pa
Nov 1, 2005
—
Linda Pombo
Wells Group LLC
Grant Deed
related
—
Feb 24, 2005
—
Elaine L Dufort
—
Deed Of Trust
related
$100,000 · Ocean National 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.
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