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    Property profile & analytics

    Bills Ln Wells, ME 04090

    • Industrial properties
    • 31.92 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Jan 12, 2023
    $115,000
    Location Intelligence
    Property ID
    US42-0722318
    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

    • Industrial properties

    Property Details for Bills Ln

    Lot size
    31.92 lot acres
    Zone code
    R
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    WLLS M:047 L:39
    APU
    WLLSM047L39

    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
    -70.6649
    Latitude
    43.333
    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
    $1,988
    $333,640
    $0.00
    $333,640
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.47 Acres

      Post Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 0.47 Acres
      Post Rd, Wells, ME 04090
      View Details
    • Value Estimation by Request
      12,695 SF

      11 Steeple Way

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 12,695 SF
      11 Steeple Way, Wells, ME 04090-5399
      View Details
    • Value Estimation by Request
      1,763 SF

      128 Vlg Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 1,763 SF
      128 Vlg Rd, Wells, ME 04090-7530
      View Details
    • Value Estimation
      $605,000
      17,652 SF

      1165 Post Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 17,652 SF
      1165 Post Rd, Wells, ME 04090-4512
      View Details
    • Value Estimation by Request
      4,714 SF

      216 Mile Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,714 SF
      216 Mile Rd, Wells, ME 04090-4129
      View Details
    • Value Estimation by Request
      17.59 Acres

      Tatnic Rd

      INDUSTRIAL (GENERAL) • 17.59 Acres
      Tatnic Rd, Wells, ME 04090
      View Details

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    Similar Nearby for Lease

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      1,676± SF retail space available for lease.
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    • Contact for pricing
      93,263 SF

      Wells Plaza Retail Space Available

      Prime Retail Space, Route 1 Visibility
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    • $20 SF/Yr
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      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.
      952 Post Rd, Wells, ME 04090
      View Details
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    Bills Ln
    Wells, ME 04090
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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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