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Heated Storage Warehouse

11 Wilson Street, Sanford, ME 04073

For Sale
New
$160,000

Land, Sanford, ME

Property Size1,144 SF
Lot Size0.12 Acres
Price / SF$139.86
Days on Market5

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

Additional Details

Property Use Storage

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 966

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Buildings 1
Listing Agency: Town Square Realty Group
Listed By: Stephen Cabana
Added: Nov 6 Last Checked: Nov 10 at 11:06AM
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.

Rey
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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.

This 1,144-square-foot storage building has one overhead garage door, heat, electricity, water, sewer service and a half bath. The 0.12-acre surveyed lot includes a backyard, and the property is zoned Residential Dev. The building is currently suited to storage, including contractor materials or recreational equipment, and the source information also identifies conversion to a single-family home as a possibility.

The property is on Wilson Street in Sanford, with access to downtown and Route 4. Public water and public sewer serve the site.

Key Highlights

  • 1,144‑square‑foot storage building with one overhead garage door
  • Heat, electricity, water, sewer service and a half bath
  • 0.12‑acre surveyed lot with backyard

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 (±1% cap)
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 (±1% cap)
NOI $25,385 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Big Box & Wholesale Store Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in York County, ME

$172 Jul
$156 Aug
$157 Sep
$158 Oct

Properties on Market for Warehouses in York County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Sanford Self Storage — 17 Bennett St, Sanford, ME 04073

Frequently Asked Questions

What type of property is this?
Warehouse - Utilities and a half bath support storage use, with potential for residential conversion.
Where is this warehouse 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: 1,144‑square‑foot storage building with one overhead garage door; Heat, electricity, water, sewer service and a half bath; 0.12‑acre surveyed lot with backyard
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