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    155 Rumery St South Portland, ME 04106

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    For Lease
    $8 SF/Yr

    28,800+/- sq ft industrial space for lease.

    Property size:
    28,800 SF
    Lot size:
    5.33 Acres

    Property Features for 155 Rumery St

    General Information

    Size
    28,800 SF
    Lot size
    5.33 Acres

    Source: Roxane Cole Commercial Real Estate, LLC Agent Roxane A. Cole

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

    Overview

    Industrial Space with LED Lighting

    This industrial space offers 28,800+/- square feet, featuring new LED lighting and natural gas heat. The concrete block building has ceiling heights of 18 to 19 feet and includes 4 docks. There is also the possibility of adding a drive-in door. The property is part of a well-located industrial complex with professional management and an experienced owner. Current tenants in the complex include Granite Group, Mattress Firm, and Vertech Corp. The landlord may consider subdividing the space. CAM rates are $1.98 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Cannon Property Services, Rigby Storage

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2940631
    Latitude
    43.6226923

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    FAQs

    What type of property is this?
    Warehouse - 28,800+/- sq ft industrial space for lease.
    Where is this warehouse located?
    The property is located at 155 Rumery St South Portland, ME.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Well-located industrial complex with professional management and experienced owner.; - **28,800 +/- square foot building with potential for subdivision.**; - Low CAM rates at $1.98 per square foot.
    (207) 653-6702
    Request Owner's contact information
    155 Rumery St South Portland, ME 04106
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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
    155 Rumery St South Portland, ME 04106
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