Warehouse and Office Flex
328 Rodman Rd, Auburn, ME 04210
For Sale
Contact for pricing
Functional warehouse-and-office layout with an overhead door and additional drive-in storage building.
Property Size2,000 SF
Price / SF$180
Days on Market157
Property Features for 328 Rodman Rd
General Information
Standard status
Size
Property subtype
Listing Agency:
Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
(207) 774-7715
Listed By:
Kirk A Butterfield · License ME MAINEBR918896
(207) 205-4007
Source:
Moodyscre
Added: Jun 7
Changed: Sep 4
Last Checked: Aug 26 at 1:07PM
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 Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
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Investment Insights
Based on property information with market context.
This versatile industrial property includes a 2,000± SF building with a practical warehouse-and-office mix. The space is supported by two bathrooms and includes one overhead door for loading and receiving. In addition to the main structure, there is a separate 42-foot storage building with a drive-in bay, providing extra capacity for equipment, materials, vehicles, or inventory.
Convenient regional access supports everyday operations, with easy connectivity to Routes 11 and 4/100/202. The location provides efficient access to Lewiston, Auburn, and the Greater Portland area, while Auburn amenities are nearby.
The overall configuration fits a range of owner-user and small business needs, including service, trade, storage, and light industrial uses where both workspace and practical warehousing are important. The oversized parking area adds day-to-day flexibility for employees, customers, or deliveries, and may offer room for future expansion subject to municipal approvals. Overall, it’s a functional setup for operators looking for adaptable industrial space with dedicated office components and additional storage.
Convenient regional access supports everyday operations, with easy connectivity to Routes 11 and 4/100/202. The location provides efficient access to Lewiston, Auburn, and the Greater Portland area, while Auburn amenities are nearby.
The overall configuration fits a range of owner-user and small business needs, including service, trade, storage, and light industrial uses where both workspace and practical warehousing are important. The oversized parking area adds day-to-day flexibility for employees, customers, or deliveries, and may offer room for future expansion subject to municipal approvals. Overall, it’s a functional setup for operators looking for adaptable industrial space with dedicated office components and additional storage.
Key Highlights
- 2,000± SF industrial building with a practical warehouse‑and‑office layout
- Includes office space, two bathrooms, and one overhead door
- Additional 42‑ft storage building with a drive‑in bay for extra capacity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,017
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,340
$240.3K
Cap Rate 7%
$171,671
$171.7K
Cap Rate 9%
$133,522
$133.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$19.0K $9.48/SF
− Vacancy
−$472 −$0.24/SF
EGI
$18.5K $9.24/SF
− OpEx
−$6.5K −$3.24/SF
NOI
$12.0K $6.01/SF
Area
Androscoggin County, ME
Vacancy
2.49%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,340
Cap Rate 7%
$171,671
Cap Rate 9%
$133,522
Alternative Uses
Best Use
Flex RnD
$171.7K
$150.2K – $200.3K
NOI $12,017 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$622.0K
$544.3K – $725.7K
NOI $43,542 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 04210, ME
24,061
Population
11,113
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
59.3 sq mi
ZIP Area
406
Density / Sq Mi
$66,552
Median Household Income
$42,624
Median Earnings
$983
Median Rent
$254,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Functional warehouse-and-office layout with an overhead door and additional drive-in storage building.
Where is this flex space located?
The property is located at 328 Rodman Rd Auburn, ME.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 2,000± SF industrial building with a practical warehouse‑and‑office layout; Includes office space, two bathrooms, and one overhead door; Additional 42‑ft storage building with a drive‑in bay for extra capacity
