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    688 Manchester Rd Belgrade, ME 04917

    For Sale
    $1,350,000

    100-unit self-storage facility with expansion plans in Belgrade, ME.

    Property size:
    16,000 SF
    Lot size:
    6.78 Acres

    Property Features for 688 Manchester Rd

    General Information

    Size
    16,000 SF
    Lot size
    6.78 Acres

    Source: Malone Commercial Brokers Agent Brandon Mitchell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Self-Storage Facility in Belgrade, ME

    This property is a self-storage facility located in the Belgrade lakes region in Central Maine. It features five buildings with 100 units, totaling 16,000 square feet. Unit sizes range from 10x5 feet to 10x30 feet. Expansion plans are available for an additional 23,100 square feet. Third-party management options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    All Purpose Storage Self-Storage Facility Maple Leaf Self ... Self-Storage Facility All Purpose Storage ... Self-Storage Facility

    Suggested Use

    HVAC Service Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Belgrade
    County
    Kennebec
    State
    Maine
    Longitude
    -69.8551143
    Latitude
    44.4295603

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    FAQs

    What type of property is this?
    Self storage facility - 100-unit self-storage facility with expansion plans in Belgrade, ME.
    Where is this self storage facility located?
    The property is located at 688 Manchester Rd Belgrade, 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: - Great location in the Belgrade lakes region in Central Maine; - Expansion plans available for an additional 23,100± SF; - Existing 16,000± SF self storage facility with 100 units
    (207) 415-7982
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    688 Manchester Rd Belgrade, ME 04917
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    Belgrade, ME 04917
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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
    688 Manchester Rd Belgrade, ME 04917
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