Industrial Property on 14
For Sale
$3,900,000
250-262 Bomarc Road, Bangor, ME 04401
The site includes multiple buildings and outbuildings within Bomarc Industrial Park.
Property Size29,980 SF
Lot Size14.00 Acres
Price / SF$130.09
Days on Market472
Property Features for 250-262 Bomarc Road
General Information
Standard status
Active
Size
29,980 SF
Lot size
14.00 Acres
Property subtype
Commercial
Zoning
UID
Taxes and HOA fees
Annual Taxes
$28,079
Building Details
Building Size
29,980 SF
Year Built
1979
Listing Agency:
Realty of Maine
(207) 942-6310
Listed By:
Jay Mishou
(207) 949-2617
Source:
Amerorealty
Added: Jul 18, 2025
Changed: Oct 31
Last Checked: Oct 31 at 2:24PM
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 Realty of Maine
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Investment Insights
Based on property information with market context.
Located at 250-262 Bomarc Road in Bangor, this industrial property occupies 14 acres and includes several buildings and outbuildings. The property was built in 1979 and is zoned UID.
The site is in Bomarc Industrial Park and was formerly the location of Hartt Transportation.
The site is in Bomarc Industrial Park and was formerly the location of Hartt Transportation.
Key Highlights
- 14‑acre industrial property
- Multiple buildings and outbuildings
- Zoned UID
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$176,597
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,531,940
$3.5M
Cap Rate 7%
$2,522,814
$2.5M
Cap Rate 9%
$1,962,189
$2.0M
Market Conditions
NOI Build-Up for 29,980 SF
Gross rent
$269.8K $9.00/SF
− Vacancy
−$17.5K −$0.59/SF
EGI
$252.3K $8.42/SF
− OpEx
−$75.7K −$2.52/SF
NOI
$176.6K $5.89/SF
Area
Penobscot County, ME
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,531,940
Cap Rate 7%
$2,522,814
Cap Rate 9%
$1,962,189
Alternative Uses
Best Use
Industrial
$2.52M
$2.21M – $2.94M
NOI $176,597 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.68M
$8.47M – $11.30M
NOI $677,788 @ 7.0% cap · market cap 17.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
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Business Placement
Demographics for 04401, ME
44,608
Population
20,932
Households
2.1
Avg Household Size
40
Median Age
37%
College-Educated
96%
High-School Grad
100.1 sq mi
ZIP Area
446
Density / Sq Mi
$66,136
Median Household Income
$40,863
Median Earnings
$1,048
Median Rent
$229,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - The site includes multiple buildings and outbuildings within Bomarc Industrial Park.
Where is this industrial property located?
The property is located at 250-262 Bomarc Road Bangor, ME.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 14‑acre industrial property; Multiple buildings and outbuildings; Zoned UID
