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Property profile & analytics
OFF-MARKET
Industrial properties
5 Wellspring Rd Biddeford, ME 04005-9469
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US42-0877625
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2009
Construction
FRAME
Total area
3,084 SF
Lot
1.09 ac (47,480 SF)
Zoning code
I3
APN
BIDD M:2 L:54-1
UPID
US42-0877625
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
-
National Seating & Mobility Production Facility
-
Le Blond's TV Sales & Services Computer & Electronic Repair Tech Support Center
-
Maine Orthotic & Prosthetic Pharmacy Clothing & Fashion Store
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
5 Wellspring LLC · 8 yrs held
5 Wellspring LLC
since 2017
6 recorded transactions
Zoning & alternative use
I3 · Biddeford, 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 Biddeford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Biddeford 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
$8,040
Tax year 2023
Assessed value
$612,800
Assessed 2023
Previous assessed
$612,800
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$188,400
Assessed improvement
$424,400
Applied tax rate
4,860.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
3
Bathrooms
2
Total area
3,084 SF
Lot
1.09 ac (47,480 SF)
Zoning code
I3
APN
BIDD M:2 L:54-1
UPID
US42-0877625
Jurisdiction
BIDDEFORD
Zoning & alternative use
I3 · Biddeford, ME
Zoning I3 · permitted uses
I3 · Biddeford, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Biddeford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
3
Bathrooms
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
5 Wellspring LLC
Entity
Mailing address
PO BOX 8181, PORTLAND, ME 04104-8181
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2017
—
5 Wellspring LLC
Cpm 2 LLC
Intrafamily Transfer
related
$325,000 · Gorham Savings Bank
Dec 5, 2016
—
Cpm 2 LLC
5 Star Holdings LLC
Quit Claim Deed
related
$358,000
May 22, 2013
—
5 Star Holdings LLC
Sbm Corp
Quit Claim Deed
related
$248,000 · Saco & Biddeford Savings
Jan 31, 2013
—
Nancy R Leblond
Biddeford City Of
Grant Deed
related
—
Jan 25, 2013
—
Sbm Corp
Leblond,joseph A
Warranty Deed
related
—
Mar 21, 2008
—
Joseph A Leblond
Wellspring Rlty Assoc LLP
Warranty Deed
$184,000 · Saco & Biddeford Savings
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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