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Property profile & analytics
OFF-MARKET
Commercial real estate
203 Post Rd Wells, ME 04090-3810
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US42-0326098
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Total area
682 SF
Lot
3.2 ac (139,392 SF)
Zoning code
GB
APN
WLLS M:108 L:38
UPID
US42-0326098
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
-
Wells-Ogunquit Resort Motel & Cottages Hotel & Motel
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
Wo Resort LLC · 4 yrs held
Wo Resort LLC
since 2021
7 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
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
$18,592
Tax year 2023
Assessed value
$3,119,530
Assessed 2023
Previous assessed
$1,734,100
+79.9% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,114,650
Assessed improvement
$2,004,880
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
1985
Heating
FORCED AIR
Cooling
YES
Buildings
5
Stories
1
Units
1
Total area
682 SF
Lot
3.2 ac (139,392 SF)
Zoning code
GB
APN
WLLS M:108 L:38
UPID
US42-0326098
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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Units
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Wo Resort LLC
Entity
Mailing address
5 MEETING HOUSE CIR, BEDFORD, MA 01730-2531
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2021
—
Wo Resort LLC
Wells Ogunquit Resort LLC
Quit Claim Deed
related
$2,137,500 · Saco & Biddeford Savings
Jul 2, 2020
—
Wells Ogunquit Resort LLC
—
Deed
related
$1,300,000 · Norway Savings Bank
Jan 23, 2018
—
Wells Ogunquit Resort LLC
—
Deed
related
$357,894 · Gorham Savings Bank
Dec 21, 2017
—
Wells Ogunquit Resort
—
Deed
related
$211,000 · Gorham Savings Bank
Mar 11, 2014
—
Wells Ogunquit Resort LLC
—
Grant Deed
related
$35,000 · Kennebunk Svgs Bk
May 30, 2012
—
Wells Ogunquit Resort LLC
—
Deed Of Trust
related
$35,000 · Kennebunk Savings Bank
Mar 6, 2012
—
Wells-ogunquit Resort LLC
—
Deed Of Trust
related
$143,500 · Kennebunk Savings Bank
May 14, 2009
—
Wells-ogunquit Resort LLC
—
Deed Of Trust
related
$75,000 · Kennebunk Savings Bank
Jan 15, 2009
—
Wells-ogunquit Resort LLC
—
Deed Of Trust
related
$400,000 · Kennebunk Savings 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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