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    Property profile & analytics

    403 Us Rte 2nd E Wilton, ME 04294-6646

    • Commercial real estate
    • 768 SF
    • 0.81 lot acres
    OFF-MARKET
    Last Sale
    Oct 31, 2025
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US42-0725309
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 403 Us Rte 2nd E

    Year built
    2019
    Lot size
    0.81 lot acres
    Property size
    768 SF
    Zone code
    16
    Property type
    Commercial real estate
    APN
    WILN M:28 L:065-B
    APU
    WILNM28L065B

    Description

    This exceptional 1,152 square foot retail property, situated on a 1.11-acre lot at 403 US Route 2 E in Wilton, ME, presents a unique investment opportunity. Currently operating as a successful firewood sales business, the property includes a beautifully crafted custom cabin storefront, two dry sheds, and sawing equipment which will convey with the sale. The strategic location offers unparalleled visibility, boasting frontage on both Route 2 and Munson Road, ensuring high traffic exposure for any commercial venture. The existing infrastructure, including the cabin and sheds, provides a solid foundation for immediate occupancy and operation, minimizing upfront investment costs. The property's versatility allows for a range of commercial uses, capitalizing on its prime location and high traffic count. This is an ideal opportunity for an entrepreneur seeking an established business with existing equipment or a business owner looking to expand their operations into a high-visibility location. The two lots provide ample space for expansion or additional development, further enhancing the property's potential. This turnkey operation offers a rare combination of established business, prime location, and significant growth potential. Don't miss this chance to acquire a thriving commercial property in a desirable Maine location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $245,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $210,000
      Market price range: $101k - $215k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wilton
    County
    Franklin
    State
    Maine
    Longitude
    -70.2054
    Latitude
    44.5937

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,634
    $44,997
    $84,136
    $129,133
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $270,000
      2,816 SF

      11 Eastern Ave

      COMMERCIAL (GENERAL) • 2,816 SF
      11 Eastern Ave, Wilton, ME 04294-4868
      View Details
    • Value Estimation
      $230,000
      576 SF

      417 Depot St

      COMMERCIAL (GENERAL) • 576 SF
      417 Depot St, Wilton, ME 04294-6600
      View Details
    • Value Estimation
      $255,000
      0.64 Acres

      1445 Main St

      SHOW ROOM, WAREHOUSE • 0.64 Acres
      1445 Main St, Wilton, ME 04294
      View Details
    • Value Estimation
      $1,115,000
      2.95 Acres

      409 Us Rte 2nd E

      COMMERCIAL (GENERAL) • 2.95 Acres
      409 Us Rte 2nd E, Wilton, ME 04294-6646
      View Details
    • Value Estimation
      $230,000
      3,695 SF

      164 Weld Rd

      COMMERCIAL (GENERAL) • 3,695 SF
      164 Weld Rd, Wilton, ME 04294-4462
      View Details
    • Value Estimation
      $395,000
      11.00 Acres

      26 Munson Rd

      SHOW ROOM, WAREHOUSE • 11.00 Acres
      26 Munson Rd, Wilton, ME 04294
      View Details

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    403 Us Rte 2nd E
    Wilton, ME 04294-6646
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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