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    1026 Auburn Road Turner, ME 04282

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    Claim this Listing
    For Sale
    $1,350,000

    COMMERCIAL - Turner, ME

    Property size:
    5,580 SF
    Lot size:
    3.61 Acres
    Added:
    Nov 11, 2025
    Days on Market:
    157
    Last Refresh:
    Apr 17 at 11:06 pm

    Property Features for 1026 Auburn Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Village
    Rooms
    Basement
    Basement
    Walk-Out Access, Daylight, Full, Finished, Sump Pump
    Standard status
    Active
    Size
    5,580 SF
    Lot size
    3.61 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6060

    Utilities

    Sewer type
    Septic Tank, Private Sewer
    Heating system
    Hot Water(Heating), Baseboard, Heat Pump (Heating)
    Cooling system
    Heat Pump, Wall Unit(s)
    Water source
    Private, Well

    Building Details

    Year built
    1988
    Flooring type
    Carpet, Wood, Vinyl, Tile
    Building materials
    Wood Siding, Log Siding, Log, Wood Frame
    Roof type
    Shingle

    We can help!

    Listing Contact
    Chad Sylvester
    Chad Sylvester

    Listing agent Chad Sylvester

    Listing office Androvise Realty 1008 Lisbon St, Suite 1, Lewiston, ME

    Listing date Nov 11, 2025

    MLS# 1643112

    Copyright © 2026 Maine Listings. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Auto Sales Business

    This is a fully operational auto sales business located on Route 4 in Turner, Maine. The commercial package includes 3.61 acres of roadside land with traffic, a used car dealership business, and multiple income-producing buildings. RJB & Son Motor Co. has been in operation since 1988. The property features a leased 3,112 square foot garage/shop with 6-7 bays, a 1,412 square foot office building with garage, and a 1,056 square foot, 2-bed/1-bath home. Active Maine inspection station licensing and technician certifications transfer with the sale. The business benefits from digital exposure, with inventory marketed through Autotrader, Carfax, and Dealer Car Search. The property has visibility, parking/lot space for inventory, and room to expand. The property is located in Androscoggin County, in the Village zoning district.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    RJB & Son Motor ... Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Pharmacy Food Market Grocery & Convenience Store Electronics & Wireless Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Turner
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.2595644
    Latitude
    44.2518569

    Nearby Similar for Sale

    • $975,000
      4,000 SF

      Turner Commercial Property on Route 4

      Commercial property on 4.77 acres with high visibility.
      7 Springbrook Road, Turner, ME 04282
      View Details
    • $5,000,000

      Expansive Land Package in Turner

      1733-acre land package with buildings, development potential.
      2 Plains Road, Turner, ME 04282
      View Details
    • $550,000
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      Commercial Building on 2.9 Acres

      Commercial property with metal building, ready for cannabis grow.
      1464 Auburn Road, Turner, ME 04282
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    • $1,350,000
      5,580 SF

      Turn-Key Auto Sales Business

      Operating auto sales business on Route 4 in Turner, Maine.
      1026 Auburn Rd, Turner, ME
      View Details
    • $550,000
      2,480 SF

      Commercial Building on 2.9 Acres

      2.9-acre lot with commercial building, ready for various uses.
      1464 Auburn Road, Turner, ME 04282
      View Details

    FAQs

    What type of property is this?
    Automotive property - Fully operational auto sales business on 3.61 acres.
    Where is this automotive property located?
    The property is located at 1026 Auburn Road Turner, ME.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: High‑visibility location on Route 4 with excellent traffic, ideal for auto sales.; Turn‑key, fully operational used car dealership (RJB & Son Motor Co.) with established reputation since 1988.; Includes multiple income‑producing buildings: garage/shop, office building, and 2‑bed/1‑bath home.
    (207) 333-6020
    We can help!
    Listing Contact
    Chad Sylvester
    Chad Sylvester
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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