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Property profile & analytics
OFF-MARKET
Estimated value
$2,560,000
Commercial real estate
17 Post Rd Wells, ME 04090-3807
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US42-0145542
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1983
Total area
24,555 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GB
APN
WLLS M:102 L:5
UPID
US42-0145542
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 River Inn & Suites Hotel & Motel
-
World Within Sea Kayaking Canoe & Kayak Rental Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.17M
Blend (final)
Blend
$2.56M
Owner & transaction history
17 Post Road LLC · 11 yrs held
17 Post Road LLC
since 2014
5 recorded transactions
Zoning & alternative use
GB · Wells, 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.56M
Range $2.30M – $2.82M · ±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
$104 / 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
$26,133
Tax year 2023
Assessed value
$4,384,690
Assessed 2023
Previous assessed
$3,275,120
+33.9% YoY
Effective rate
0.60%
On assessed value
Assessed land
$771,960
Assessed improvement
$3,612,730
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
Similar Nearby for Lease
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
Year built
1983
Heating
BASEBOARD
Cooling
YES
Buildings
4
Stories
2
Units
1
Total area
24,555 SF
Lot
3.5 ac (152,460 SF)
Zoning code
GB
APN
WLLS M:102 L:5
UPID
US42-0145542
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.
Building & site characteristics
From public records
Year built
1983
Heating
BASEBOARD
Cooling
Yes
Stories
2
Buildings
4
Units
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
17 Post Road LLC
Entity
Mailing address
17 POST RD, WELLS, ME 04090-3807
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2020
—
17 Post Road LLC
—
Deed
related
$2,500,000 · Kennebunk Savings Bank
Dec 5, 2019
—
17 Post Road LLC
—
Deed
related
$3,042,300 · Kennebunk Svgs Bk
Mar 1, 2018
—
17 Post Road LLC
—
Deed
related
$2,655,711 · Gorham Savings Bank
Dec 8, 2014
—
17 Post Road LLC
Lafayette Plantation LLC
Quit Claim Deed
related
$2,000,000 · Gorham Svgs Bk
—
—
17 Post Road LLC
—
Deed Of Trust
related
$3,042,300 · Kennebunk Svgs Bk
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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