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Property profile & analytics
OFF-MARKET
Day care centers
21 Burnt Ml Rd Wells, ME 04090-5516
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US42-0062072
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2004
Total area
1,328 SF
Lot
0.46 ac (20,100 SF)
Zoning code
GB
APN
WLLS M:139 L:11-A
UPID
US42-0062072
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
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
Denise Carey · 2 yrs held
Denise Carey
since 2024
Last sale
$450,000
7 recorded transactions
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
$1,480
Tax year 2023
Assessed value
$248,290
Assessed 2023
Previous assessed
$248,290
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$103,520
Assessed improvement
$144,770
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2004
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
1,328 SF
Lot
0.46 ac (20,100 SF)
Zoning code
GB
APN
WLLS M:139 L:11-A
UPID
US42-0062072
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
2004
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.46 ac
Current owner
From public records · entity-resolved
Denise Carey
Individual
Mailing address
21 BURNT ML RD, WELLS, ME 04090-5516
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 23, 2024
$450,000
Denise Carey
21 Burnt Mill Road LLC
Warranty Deed
$337,500 · United Wholesale Mortgage
Oct 26, 2016
—
21 Burnt Mill Road LLC
Dickerson,chad & Courtney
Warranty Deed
$240,000 · Gail Dickerson
Sep 15, 2016
—
Courtney Dickerson
Tuttle,susan
Warranty Deed
—
Oct 7, 2013
—
Susan T Grenier
Grenier,donald L
Quit Claim Deed
related
$180,000 · Biddeford Savings Bank
Mar 12, 2010
—
Donald L Grenier
—
Deed Of Trust
related
$170,000 · Saco & Biddeford Savings
Mar 28, 2008
—
Des Construction INC
—
Deed Of Trust
related
$25,000 · Ocean Bank
Apr 4, 2007
—
Des Construction INC
—
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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