Flex Space with Outdoor
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For Sale
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26 Beaver Brook Road, Limerick, ME 04048
Light-industrial improvements combine cleared and wooded ground with room for equipment and contractor operations.
Property Size2,700 SF
Lot Size4.50 Acres
Price / SF$175.93
Days on Market7
Property Features for 26 Beaver Brook Road
General Information
Standard status
Active
Size
2,700 SF
Lot size
4.50 Acres
Property subtype
Industrial
Site & Location
Road Access
Yes
Outdoor Storage
Yes
Listing Agency:
The Dunham Group
Listed By:
Greg Perry · License #db917310
Source:
Crexi
Added: Sep 4
Changed: Sep 9
Last Checked: Sep 9 at 3:32PM
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 Dunham Group
Investment Insights
Based on property information with market context.
This light-industrial flex-space property includes approximately 2,700± SF on 4.5± acres. The site combines cleared and wooded areas with generally level terrain, supporting equipment storage, contractor operations, outdoor storage, and future expansion. Direct frontage along Beaver Brook Road adds on-site road exposure and access.
The property is in Limerick, Maine, with connectivity to Routes 5 and 11 and the broader Southern Maine market. Its mix of enclosed space and open ground offers a practical configuration for industrial users requiring both building area and outdoor storage capacity.
The property is in Limerick, Maine, with connectivity to Routes 5 and 11 and the broader Southern Maine market. Its mix of enclosed space and open ground offers a practical configuration for industrial users requiring both building area and outdoor storage capacity.
Key Highlights
- 4.5± acre light‑industrial property in Limerick, Maine
- Total building area of 2,700± SF
- Direct frontage along Beaver Brook Road
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,850
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$757,000
$757.0K
Cap Rate 7%
$540,714
$540.7K
Cap Rate 9%
$420,556
$420.6K
Market Conditions
NOI Build-Up for 2,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$59.3K $21.96/SF
− Vacancy
−$1.1K −$0.39/SF
EGI
$58.2K $21.57/SF
− OpEx
−$20.4K −$7.55/SF
NOI
$37.8K $14.02/SF
Area
York County, ME
Vacancy
1.79%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$757,000
Cap Rate 7%
$540,714
Cap Rate 9%
$420,556
Alternative Uses
Best Use
Flex RnD
$540.7K
$473.1K – $630.8K
NOI $37,850 @ 7.0% cap · market cap 7.97%
Second Best
Warehouse
$483.0K
$422.6K – $563.5K
NOI $33,809 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$855.9K
$748.9K – $998.5K
NOI $59,912 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 04048, ME
3,188
Population
1,565
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
94%
High-School Grad
27.1 sq mi
ZIP Area
118
Density / Sq Mi
$90,125
Median Household Income
$45,791
Median Earnings
$1,153
Median Rent
$264,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Light-industrial improvements combine cleared and wooded ground with room for equipment and contractor operations.
Where is this flex space located?
The property is located at 26 Beaver Brook Road Limerick, ME.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 4.5± acre light‑industrial property in Limerick, Maine; Total building area of 2,700± SF; Direct frontage along Beaver Brook Road
