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Property profile & analytics
OFF-MARKET
Investment properties
222 Berwick Rd Wells, ME 04090-6802
Entity Owned
10-yr Hold
Absentee Owner
Property ID
US42-0903747
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1953
Total area
1,722 SF
Lot
2.25 ac (98,010 SF)
Zoning code
RC
APN
WLLS M:049 L:47
UPID
US42-0903747
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
-
C & S Auto & Truck Repair Inc 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
C&s Estates LLC · 10 yrs held
C&s Estates LLC
since 2016
3 recorded transactions
Zoning & alternative use
RC · 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
$3,213
Tax year 2023
Assessed value
$539,100
Assessed 2023
Previous assessed
$430,570
+25.2% YoY
Effective rate
0.60%
On assessed value
Assessed land
$180,800
Assessed improvement
$358,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1953
Heating
FORCED AIR
Buildings
3
Stories
1
Units
2
Bathrooms
2
Total area
1,722 SF
Lot
2.25 ac (98,010 SF)
Zoning code
RC
APN
WLLS M:049 L:47
UPID
US42-0903747
Jurisdiction
WELLS
Zoning & alternative use
RC · Wells, ME
Zoning RC · permitted uses
RC · 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
1953
Heating
FORCED AIR
Stories
1
Buildings
3
Units
2
Bathrooms
2
Lot
2.25 ac
Current owner
From public records · entity-resolved
C&s Estates LLC
Entity
Mailing address
876 BR RD, WELLS, ME 04090-6028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2016
—
C&s Estates LLC
—
Deed
related
$74,025 · Kennebunk Svgs Bank
Sep 9, 2010
—
C & S Estates LLC
—
Deed Of Trust
related
$70,000 · Kennebunk Savings Bank
Jan 9, 2006
—
C Est
—
Deed Of Trust
related
$166,800 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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