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Property profile

32 Eldridge Rd Wells, ME 04090

OFF-MARKET
Other retail properties
Property ID
US42-0510243
2,546 SF 0.29 ac lot Built 1900
Last sale Oct 2024 · $700,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A mixed-use property in Wells, Maine located at 32 Eldridge Road, featuring a renovated historic structure dating to 1900 with original schoolhouse architectural elements. The upper level includes a one-bedroom residential apartment with an office, while the first floor is configured as an ADA-accessible commercial space with showroom and workshop areas. The building is situated between a seasonal campground and an ice cream shop, and is located less than 500 feet from Route 1. The commercial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$457k
Assessed land$231k
Assessed improvement$226k
Effective rate0.60%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$278/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$107 – $425
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
The purpose of the General Business District is to provide areas for a wide range of business and commercial uses which serve the entire ...
General categoryCOMMERCIAL
JurisdictionWELLS

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply10.2
Auto Parts Store9.7
HVAC Service9.7

Location

32 Eldridge Rd Wells, ME 04090-4046
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 12 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
38 Hubbard, Wells, ME 04090-6073 $700,000 Jan 2026 2,000 SF
586 Quarry, Wells, ME 04090-6900 $1,077,500 Oct 2024 2,361 SF
1773 Post, Wells, ME 04090 $520,000 May 2023 4,376 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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