Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1775 Lisbon St Lewiston, ME

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    23.6 acre pad-ready site with unmatched visibility and access.

    Type:LAND
    Lot size:
    23.60 Acres
    Added:
    Sep 10, 2025
    Days on Market:
    206
    Last Refresh:
    Apr 1 at 8:28 pm

    Property Features for 1775 Lisbon St

    General Information

    Standard status
    Active
    Lot size
    23.60 Acres
    Property subtype
    LAND

    Spaces For Lease

    at 1775 Lisbon St Contact us

    We can help!

    Listing Contact
    Christopher Paszyc, CCIM, SIOR

    Listing agent Christopher Paszyc, CCIM, SIOR

    Listing office The Boulos Company

    Listing date Sep 10, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of The Boulos Company

    Overview

    Pad-Ready Site Off Maine Turnpike

    This 23.6± acre pad-ready site is located directly off Maine Turnpike Exit 80, offering visibility and access. All utilities will be stubbed into the site, and stormwater detention is already in place. Existing infrastructure saves end users development expenses and eliminates years of permitting and site work. The property is surrounded by companies including Wal-Mart Distribution Center, General Dynamics, Bourgeois Guitars, Atlas Structural Systems, Valley Beverage, Elmet Technologies, Butler Brothers, Avient, and LL Bean. Flexible development options are available to meet specific tenant requirements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    SPi Global Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewiston
    County
    Androscoggin
    State
    Maine
    Longitude
    -70.1613
    Latitude
    44.0664

    Nearby Similar for Lease

    • Contact for pricing

      Lewiston Downtown Investment Opportunity

      Downtown Lewiston office building with steady cash flow.
      183 Main St, Lewiston, ME
      View Details
    • Contact for pricing

      Renovated Office/Retail Space Available

      Newly renovated office/retail space with modern finishes and historical details.
      197 Lisbon St, Lewiston, ME
      View Details
    • $18/mo

      Lewiston Office Space For Rent

      7,671± SF office space available in Lewiston, Maine.
      5 Mollison Way, Lewiston, ME
      View Details
    • $17/mo

      Medical Office Space Available

      Class A medical office space for lease in Lewiston, Maine.
      77 Bates St, Lewiston, ME
      View Details
    • $15/mo

      Retail/Office Space with Drive-Thru

      Prime retail and office spaces with high visibility and parking.
      217 Main St, Lewiston, ME
      View Details
    • $14/mo

      Prime Office/Retail Space Available

      Class A space for lease with road frontage and high visibility.
      1896 Lisbon St, Lewiston, ME
      View Details
    • $8/mo

      Lewiston Office Building For Sale

      60,120± SF office building on 5.97± AC available.
      19-0 Mollison Way, Lewiston, ME
      View Details
    • $20/mo

      Retail/Office Space on Lisbon Street

      Prime retail or office space in a high-traffic location.
      810 Lisbon St, Lewiston, ME
      View Details
    • $9/mo

      Lewiston Warehouse Space For Rent

      Warehouse space with 19' ceilings in Lewiston, Maine.
      777 Main St, Lewiston, ME
      View Details
    • $10/mo

      Lewiston Mall Retail Spaces Available

      Retail spaces for lease in enclosed Lewiston Mall.
      20 East Ave, Lewiston, ME
      View Details
    • Contact for pricing

      Lewiston Warehouse Space For Rent

      Warehouse space with 15' ceilings in Lewiston's traffic corridor.
      785 Main St, Lewiston, ME
      View Details
    • Contact for pricing

      Lewiston Industrial Land For Lease

      5.17-acre pad-ready site for industrial, manufacturing, and distribution.
      11 Gendron Drive, Lewiston, ME
      View Details

    FAQs

    What type of property is this?
    Land - 23.6 acre pad-ready site with unmatched visibility and access.
    Where is this land located?
    The property is located at 1775 Lisbon St Lewiston, ME.
    What are key features of this property?
    This property features: Prime location directly off Maine Turnpike Exit 80 with unmatched visibility and access.; Pad‑ready site with all utilities stubbed in and stormwater detention in place.; Significant time and cost savings due to existing infrastructure.
    (207) 939-4147 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Christopher Paszyc, CCIM, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!