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    Property profile & analytics

    533 Coles Hl Rd Wells, ME 04090-5716

    • Investment properties
    • 312 SF
    • 17.36 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Oct 21, 2024
    Location Intelligence
    Property ID
    US42-0653651
    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

    • Merriland Farm / Golf Course

    Property Details for 533 Coles Hl Rd

    Year built
    1992
    Construction
    FRAME
    Lot size
    17.36 lot acres
    Property size
    312 SF
    Zone code
    R
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    WLLS M:071 L:4-C
    APU
    WLLSM071L4C

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wells
    County
    York
    State
    Maine
    Longitude
    -70.5815
    Latitude
    43.3521
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    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
    $5,004
    $476,560
    $363,040
    $839,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,652 SF

      2203 Post Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,652 SF
      2203 Post Rd, Wells, ME 04090-4719
      View Details
    • Value Estimation
      $285,000
      1,722 SF

      222 Berwick Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,722 SF
      222 Berwick Rd, Wells, ME 04090-6802
      View Details
    • Value Estimation
      $315,000
      1,506 SF

      1865 Berwick Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,506 SF
      1865 Berwick Rd, Wells, ME 04090-7120
      View Details
    • Value Estimation
      $310,000
      784 SF

      165 Byp Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 784 SF
      165 Byp Rd, Wells, ME 04090-4726
      View Details
    • Value Estimation
      $310,000
      2,350 SF

      1457 Post Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,350 SF
      1457 Post Rd, Wells, ME 04090
      View Details
    • Value Estimation by Request
      8,634 SF

      2270 Post Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 8,634 SF
      2270 Post Rd, Wells, ME 04090-4716
      View Details

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    Similar Nearby for Lease

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      View Details
    • Contact for pricing
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      Prime Retail Space, Route 1 Visibility
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    • $20 SF/Yr
      11,104 SF

      Retail Space on US Route 1

      Retail space with drive-thru and ample parking available for lease.
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    • $17 SF/Yr
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      Retail Space in Colonial Square

      Commercial space for lease with high traffic and visibility.
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    • $7 SF/Yr
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      High-Bay Manufacturing/Distribution Warehouse Space

      243,346± SF high-bay warehouse space near Maine Turnpike.
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      View Details
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    Wells, ME 04090-5716
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    Realmo Value Estimation

    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.

    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.

    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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