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Property profile & analytics
OFF-MARKET
Auto shops
18 Mile Rd Wells, ME 04090-4127
Entity Owned
5-yr Hold
Free & Clear
Property ID
US42-0418961
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1986
Construction
FRAME
Total area
2,600 SF
Lot
0.32 ac (13,824 SF)
Zoning code
GB
APN
WLLS M:123 L:85-1
UPID
US42-0418961
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
-
Pine State Garage Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hludik LLC · 5 yrs held
Hludik LLC
since 2021
1 recorded transaction
Zoning & alternative use
GB · Wells, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ance shall take effect upon enactment by the Town Meeting. (6) 6-11-2024: to change portions of Tax Map 133, Lot 25 and Tax Map 134, Lot 24 from the Residential Commercial District (RC) to the General Business District (GB). This ordinance shall take effect upon adoption by the Town Meeting. § 145-18 Interpretation of district boundaries. Where uncertainty e…
Zone name
General Business
General category
COMMERCIAL
Zone area
950.65 ac
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,243
Tax year 2023
Assessed value
$376,260
Assessed 2023
Previous assessed
$319,180
+17.9% YoY
Effective rate
0.60%
On assessed value
Assessed land
$198,240
Assessed improvement
$178,020
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
2,600 SF
Lot
0.32 ac (13,824 SF)
Zoning code
GB
APN
WLLS M:123 L:85-1
UPID
US42-0418961
Jurisdiction
WELLS
Zoning & alternative use
GB · Wells, MEZoning GB · permitted uses
GB · Wells, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ance shall take effect upon enactment by the Town Meeting. (6) 6-11-2024: to change portions of Tax Map 133, Lot 25 and Tax Map 134, Lot 24 from the Residential Commercial District (RC) to the General Business District (GB). This ordinance shall take effect upon adoption by the Town Meeting. § 145-18 Interpretation of district boundaries. Where uncertainty exists concerning district boundaries as shown upon the above maps, the following r
Zone name
General Business
General category
COMMERCIAL
Zone area
950.65 ac
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Hludik LLC
Entity
Free & Clear · 5 yrs held
Mailing address
18 MILE RD, WELLS, ME 04090-4127
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2021
—
Hludik LLC
John M Hludik
Warranty Deed
—
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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