Industrial Warehouse with Loading
For Sale
$1,825,000
2 Industry Road, Brunswick, ME 04011
A two-level facility offers dock and drive-in loading, with parking on site.
Property Size15,365 SF
Lot Size1.10 Acres
Price / SF$118.78
Days on Market83
Property Features for 2 Industry Road
General Information
Standard status
Active
Size
15,365 SF
Total Parking Spaces
15
Lot size
1.10 Acres
Property subtype
Industrial
Warehouse & Industrial
Dock-High Doors
3
Drive-In Doors
2
Additional Details
Asking Price
$1,825,000
Highway Access
Yes
Property Use
Warehouse/Industrial
Taxes and HOA fees
Annual Taxes
$12,561
Building Details
Building Size
15,365 SF
Year Built
1985
Buildings
1
Stories
2
Listing Agency:
Porta & Company
Listed By:
Timothy Millett
(207) 713-6995
Source:
Oceanviewproperties
Added: Aug 11
Changed: Oct 31
Last Checked: Oct 30 at 1:10AM
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 Porta & Company
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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 15,365± SF warehouse and industrial building sits on a 1.1± acre lot. The first floor offers 11,740± SF, with another 3,625± SF on the second floor. Built in 1985, the property includes three dock-level overhead doors, two drive-in doors, and 15 parking spaces. Mom's Munchies leases 5,680± SF.
The property is approximately 1.0± miles from U.S. Route 1 and 2.0± miles from I-95 Exit 28, with downtown Brunswick minutes away.
The property is approximately 1.0± miles from U.S. Route 1 and 2.0± miles from I-95 Exit 28, with downtown Brunswick minutes away.
Key Highlights
- 15,365± SF building on a 1.1± acre lot
- 11,740± SF on the first floor and 3,625± SF on the second floor
- 5,680± SF leased by Mom's Munchies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,391
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,820
$2.4M
Cap Rate 7%
$1,705,586
$1.7M
Cap Rate 9%
$1,326,567
$1.3M
Market Conditions
NOI Build-Up for 15,365 SF
Gross rent
$145.7K $9.48/SF
− Vacancy
−$5.2K −$0.34/SF
EGI
$140.5K $9.14/SF
− OpEx
−$21.1K −$1.37/SF
NOI
$119.4K $7.77/SF
Area
Cumberland County, ME
Vacancy
3.57%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,387,820
Cap Rate 7%
$1,705,586
Cap Rate 9%
$1,326,567
Alternative Uses
Best Use
Warehouse
$1.71M
$1.49M – $1.99M
NOI $119,391 @ 7.0% cap · market cap 6.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.22M
$3.70M – $4.93M
NOI $295,616 @ 7.0% cap · market cap 16.20%
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
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Current Use
Lease Details
3
Dock-high doors
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,193
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 04011, ME
21,756
Population
9,440
Households
2.3
Avg Household Size
44
Median Age
52%
College-Educated
96%
High-School Grad
46.8 sq mi
ZIP Area
465
Density / Sq Mi
$74,102
Median Household Income
$40,075
Median Earnings
$1,341
Median Rent
$343,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Self-Storage at U-Haul — 1 Cressey Rd, Brunswick, ME 04011
- A2 Global Shipping 877-899-SHIP (7447) — 14 Main St #2-a, Brunswick, ME 04011
- Cumberland Self-Storage — 14 Main St Box 15, Brunswick, ME 04011
Frequently Asked Questions
What type of property is this?
Warehouse - A two-level facility offers dock and drive-in loading, with parking on site.
Where is this warehouse located?
The property is located at 2 Industry Road Brunswick, ME.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: 15,365± SF building on a 1.1± acre lot; 11,740± SF on the first floor and 3,625± SF on the second floor; 5,680± SF leased by Mom's Munchies
