208 High Pne Loop Wells, ME 04090-6411
Purpose. The purposes of the Residential A District are to provide areas for medium-density residential development that are or can readily be served by the public water and sanitary sewer systems and to provide areas for concentrations of residential development within the rural portions of the Town along major transportation routes. Nonresidential uses sho…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RA · Wells, MEPurpose. The purposes of the Residential A District are to provide areas for medium-density residential development that are or can readily be served by the public water and sanitary sewer systems and to provide areas for concentrations of residential development within the rural portions of the Town along major transportation routes. Nonresidential uses should be limited to agricultural uses, forestry uses, low-intensity noncommercial recreational uses and public uses. B. Permitted uses. The following uses are permitted upon obtaining any required permits from the Code Enforcement Officer: (1) Agriculture, limited to the raising of crops and plants out of doors. (2) Cemetery having an area less than 20,000 square feet and containing no buildings. (3) Dwelling, one-family. (See also § 145-55 .) (4) Dwelling, two-family. (5) Dwelling, multifamily. (See § 145-48 .) (6) Livestock, domestic (small), limited to lots with a minimum lot size of 40,000 square feet. (7) Livestock, domestic (large), limited to lots with a minimum lot size of five acres. (8) Poultry, domestic (small), all lots, except lots less than 10,000 square feet in area shall be limited to no more than five fowl. (9) Poultry, domestic (large), limited to lots with a minimum lot size of five acres. (10) Recreation, passive. (11) Timber harvesting. C. Permitted uses requiring the approval of a site plan. The following uses are permitted upon obtaining site plan approval and any required permits from the Code Enforcement Officer: (1) Affordable housing development. (See § 145-54 .) (2) Animal husbandry on lots larger than 25 acres. (3) Cemetery larger than 20,000 square feet in area. (4) Church. (5) Congregate care facility. (See § 145-58.1 .) (6) Day-care home. (7) Funeral home. (8) Life care facility. (See § 145-58 .) (9) Medical care facility, excluding hospitals. (10) Municipal facility. (11) Museum not exceeding 5,000 square feet in floor area. (12) Nursing home. (13) Public utility facility. (14) Recreation, active. (15) Recreation, low-intensity commercial. (16) School, public and private. (17) School, vocational-technical served by public water and sewer and located west of Route 1, north of Buzzel Road, east of the turnpike and south of Route 109. D. Accessory uses. Accessory uses are permitted when they are clearly incidental to the permitted use; subordinate, individually and in the aggregate, to the permitted use; and located on the same lot as the permitted use being served. Home businesses as regulated in § 145-51 are accessory uses. E. Uses prohibited.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.