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Property profile & analytics
FOR SALE
Commercial real estate
876 Post Rd Wells, ME 04090-4106
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US42-0358604
For Sale
1 / 16
$2,295,000
876 Post Rd, Wells, ME 04090-4106
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1880
Total area
3,248 SF
Lot
3.4 ac (148,104 SF)
Zoning code
GB
APN
WLLS M:120 L:1-1
UPID
US42-0358604
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
-
Coast Village Inn and Cottages Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$2.87M
Owner & transaction history
876 Post LLC · 3 yrs held
876 Post LLC
since 2022
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
GB · Wells, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ance shall take effect upon enactment by the Town Meeting. (6) 6-11-2024: to change portions of Tax Map 133, Lot 25 and Tax Map 134, Lot 24 from the Residential Commercial District (RC) to the General Business District (GB). This ordinance shall take effect upon adoption by the Town Meeting. § 145-18 Interpretation of district boundaries. Where uncertainty e…
Zone name
General Business
General category
COMMERCIAL
Zone area
950.65 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
$2,870,000
ML approach
$2,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.87M
Range $2.58M – $3.16M · ±10% · vs last sale $2.25M (Aug 31 2022)
Last sale anchor
$2.25M
Aug 31 2022
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
$884 / 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
$13,776
Tax year 2023
Assessed value
$2,311,450
Assessed 2023
Previous assessed
$1,224,070
+88.8% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,261,800
Assessed improvement
$1,049,650
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1880
Heating
HOT WATER
Buildings
9
Stories
2
Units
4
Total area
3,248 SF
Lot
3.4 ac (148,104 SF)
Zoning code
GB
APN
WLLS M:120 L:1-1
UPID
US42-0358604
Jurisdiction
WELLS
Zoning & alternative use
GB · Wells, MEZoning GB · permitted uses
GB · Wells, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ance shall take effect upon enactment by the Town Meeting. (6) 6-11-2024: to change portions of Tax Map 133, Lot 25 and Tax Map 134, Lot 24 from the Residential Commercial District (RC) to the General Business District (GB). This ordinance shall take effect upon adoption by the Town Meeting. § 145-18 Interpretation of district boundaries. Where uncertainty exists concerning district boundaries as shown upon the above maps, the following r
Zone name
General Business
General category
COMMERCIAL
Zone area
950.65 ac
Building & site characteristics
From public records
Year built
1880
Heating
HOT WATER
Stories
2
Buildings
9
Units
4
Lot
3.4 ac
Current owner
From public records · entity-resolved
876 Post LLC
Entity
Mailing address
876 POST RD, WELLS, ME 04090-4106
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2022
$2,250,000
876 Post LLC
Shine Hldg LLC
Warranty Deed
$1,125,000 · Kennebunk Savings Bank
Aug 31, 2022
—
876 Post LLC
—
Deed
related
$160,000 · Southern Me Finance
Nov 30, 2020
—
Shine Holdings LLC
—
Deed
related
$50,000 · Finance Auth/me
Apr 5, 2017
—
Shine Hldg LLC
Papas Enterprises LLC
Intrafamily Transfer
related
$787,500 · Gorham Savings Bank
Mar 27, 2013
—
Papas Ent LLC
Tagen LLC
Deed Of Trust
related
$405,000 · Androscoggin Bank
Oct 19, 2009
—
Tagen LLC
—
Deed Of Trust
related
$970,000 · Ocean Communities FCU
Jun 20, 2007
—
Tagen LLC
—
Deed Of Trust
related
$425,000 · Ocean National Bank
May 24, 2006
—
Tagen LLC
—
Deed Of Trust
related
$75,000 · Ocean National Bank
—
—
Shine Holdings LLC
—
Deed Of Trust
related
$50,000 · Finance Auth/me
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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