Storage Building on Small
For Sale
$160,000
11 Wilson Street, Sanford, ME 04073
Land, Sanford, ME
Property Size1,144 SF
Lot Size0.12 Acres
Price / SF$139.86
Days on Market93
Property Features for 11 Wilson Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential Dev.
Lot features
Other Location, Open
Standard status
Active
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
966
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Town Square Realty Group
(207) 324-2860
Listed By:
Stephen Cabana
(207) 651-2125
Added: Jul 17
Changed: Sep 14
Last Checked: Oct 17 at 10:06AM
MLS# 1659971
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes a 1,144 SF storage building on a surveyed lot. The building has one overhead garage door and includes heat, water, sewer, electricity, and a half bath. It can be continued as storage for contractor materials or personal recreation items, or converted to a single-family home.
Easy access to downtown or Route 4 is noted in the listing remarks.
Pre-qualified buyers only, and notice is required to show.
Easy access to downtown or Route 4 is noted in the listing remarks.
Pre-qualified buyers only, and notice is required to show.
Key Highlights
- 1144 SF storage building with 1 overhead garage door
- Connected utilities: heat, water, public sewer, and electricity
- Includes a half bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,325
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,500
$286.5K
Cap Rate 7%
$204,643
$204.6K
Cap Rate 9%
$159,167
$159.2K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$17.2K $15.00/SF
− Vacancy
−$307 −$0.27/SF
EGI
$16.9K $14.73/SF
− OpEx
−$2.5K −$2.21/SF
NOI
$14.3K $12.52/SF
Area
York County, ME
Vacancy
1.79%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,500
Cap Rate 7%
$204,643
Cap Rate 9%
$159,167
Alternative Uses
Best Use
Warehouse
$204.6K
$179.1K – $238.8K
NOI $14,325 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.6K
$317.3K – $423.1K
NOI $25,385 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
Demographics for 04073, ME
17,283
Population
7,772
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
37.7 sq mi
ZIP Area
458
Density / Sq Mi
$69,135
Median Household Income
$42,758
Median Earnings
$1,145
Median Rent
$259,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Small lot with a 1,144 SF storage building featuring an overhead garage door and utilities including heat and sewer.
Where is this residential land & home lot located?
The property is located at 11 Wilson Street Sanford, ME.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 1144 SF storage building with 1 overhead garage door; Connected utilities: heat, water, public sewer, and electricity; Includes a half bath
