Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Auto shops
634 Berwick Rd Wells, ME 04090-7300
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US42-0908454
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2007
Construction
STEEL FRAME
Total area
15,250 SF
Lot
1.7 ac (74,052 SF)
Zoning code
LI
APN
WLLS M:040 L:3-5
UPID
US42-0908454
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
-
Moody's Collision Centers Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$740k
Owner & transaction history
A&l Realty LLC · 19 yrs held
A&l Realty LLC
since 2007
2 recorded transactions
Zoning & alternative use
LI · Wells, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Light Industrial District. A. Purpose. The purpose of the Light Industrial District is to provide areas for a wide range of light industrial and large-scale business uses which are clean and nonpolluting. B. Permitted uses. The following uses are permitted upon obtaining any required permits from the Code Enforcement Officer: (1) Agriculture, limited to the…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,070.23 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
Method
Estimation
Statistic approach
by Request
ML approach
$455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / SF
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
$6,478
Tax year 2023
Assessed value
$1,086,910
Assessed 2023
Previous assessed
$933,480
+16.4% YoY
Effective rate
0.60%
On assessed value
Assessed land
$224,580
Assessed improvement
$862,330
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
2007
Construction
STEEL FRAME
Heating
OIL
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
15,250 SF
Lot
1.7 ac (74,052 SF)
Zoning code
LI
APN
WLLS M:040 L:3-5
UPID
US42-0908454
Jurisdiction
WELLS
Zoning & alternative use
LI · Wells, MEZoning LI · permitted uses
LI · Wells, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Light Industrial District. A. Purpose. The purpose of the Light Industrial District is to provide areas for a wide range of light industrial and large-scale business uses which are clean and nonpolluting. B. Permitted uses. The following uses are permitted upon obtaining any required permits from the Code Enforcement Officer: (1) Agriculture, limited to the raising of crops and plants out of doors. (2) Recreation, passive. (3) Timber harvesting. C. Permitted uses requiring the approval of a site plan. The following uses are permitted upon obtaining site plan approval and any required permits from the Code Enforcement Officer: [Amended 4-28-1995 ] (1) Adult business establishment. [Added 6-11-2019 [1] ] [1]
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
1,070.23 ac
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
OIL
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
A&l Realty LLC
Entity
Mailing address
634 N BERWICK RD, WELLS, ME 04090-7300
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2017
—
Real Estate Holdings LLC
—
Deed
related
$1,000,000 · Norway Savings Bank
Jan 30, 2007
—
A&l Realty LLC
S & J Realty LLC
Warranty Deed
$455,520 · Kennebunk Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 634 Berwick Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
