Technical
Financial
Distress signals
Property profile

9 Sandy Ln Wells, ME 04090

OFF-MARKET
Investment properties
Property ID
US42-0200618
1,360 SF 2.13 ac lot Built 1978
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1978
Total area 1,360 SF
Lot 2.13 ac (92,783 SF)
Zoning code R
APN WLLS M:084 L:9-A
UPID US42-0200618

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9 Sandy Ln Wells, ME 04090-5973
Wells metro Census 34002 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$830k
CAP Approach CAP
by Request
Comparable Approach Comparable
$607k
Blend (final) Blend
$895k

Owner & transaction history

since 2022
Last sale
$700,000
7 recorded transactions
2022
$700,000
2018
Price N/A
2010
Price N/A
2008
Price N/A
2008
Price N/A
2005
Price N/A
2005
Price N/A

Zoning & alternative use

R · Wells, ME
Zoning description

Rural District. A. Purpose. The purpose of the Rural District is to maintain the open, rural character of the land within the district. Open uses of the land, such as forestry and agricultural uses, should be encouraged…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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