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Property profile & analytics
OFF-MARKET
Auto shops
58 Riverside Dr Wells, ME 04090
Entity Owned
Absentee Owner
Free & Clear
Property ID
US42-0334029
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1900
Total area
2,250 SF
Lot
0.12 ac (5,412 SF)
Zoning code
RB
APN
WLLS M:132 L:11
UPID
US42-0334029
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
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
BUCKLEY, E W
BUCKLEY, E W
Zoning & alternative use
RB · Wells, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
o the following districts: AP Aquifer Protection District GB General Business District BB Beach Business District H Harbor District LI Light Industrial District QM Quarry Manufacturing District RA Residential A District RB Residential B District RC Residential/Commercial District RD Residential Drakes Island District RP Resource Protection District R Rural D…
Zone name
Residential B District
General category
COMMERCIAL
Zone area
258.06 ac
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
$6,546
Tax year 2023
Assessed value
$1,098,350
Assessed 2023
Previous assessed
$744,030
+47.6% YoY
Effective rate
0.60%
On assessed value
Assessed land
$759,840
Assessed improvement
$338,510
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1900
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
2,250 SF
Lot
0.12 ac (5,412 SF)
Zoning code
RB
APN
WLLS M:132 L:11
UPID
US42-0334029
Jurisdiction
WELLS
Zoning & alternative use
RB · Wells, MEZoning RB · permitted uses
RB · Wells, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
o the following districts: AP Aquifer Protection District GB General Business District BB Beach Business District H Harbor District LI Light Industrial District QM Quarry Manufacturing District RA Residential A District RB Residential B District RC Residential/Commercial District RD Residential Drakes Island District RP Resource Protection District R Rural District MPO Mobile Home Park Overlay District SLO Shoreland Overlay District TC Tr
Zone name
Residential B District
General category
COMMERCIAL
Zone area
258.06 ac
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
BUCKLEY, E W
Individual
Free & Clear · 0 yrs held
Mailing address
9 LEIGHTON ST, NATICK, MA 01760-1719
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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