Building Details

Building Size 1,600 SF

Year Built 1979

Buildings 1

Construction steel frame

Listing Agency: Brookewood Realty b***@brookewood.com Show Phone

Listed By: John Swan Show Phone

Source: Integrityhomesrealestategroup

Added: Jun 26, 2025 Changed: Nov 1 Last Checked: Oct 30 at 1:58AM

Report an Issue

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 Brookewood Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The property includes a 1,600-square-foot steel-frame building, constructed in 1979, with a paved parking area. The site encompasses 0.77 acres and is zoned Commercial.

Located less than half a mile from the interstate, the property is identified as a gas station asset.

Key Highlights

• 1,600‑square‑foot steel‑frame building
• 0.77‑acre property
• Paved parking lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,928

Cap Rate

7.20%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$358,560 $358.6K

Cap Rate 7%

$256,114 $256.1K

Cap Rate 9%

$199,200 $199.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,600 SF

Gross rent

$28.8K $18.00/SF

− Vacancy

−$4.9K −$3.06/SF

EGI

$23.9K $14.94/SF

− OpEx

−$6.0K −$3.74/SF

NOI

$17.9K $11.21/SF

Area

Kennebec County, ME

Vacancy

17.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$358,560

Cap Rate 7%

$256,114

Cap Rate 9%

$199,200

Alternative Uses

Best Use

Industrial

$1.97M

$1.72M – $2.29M (±1% cap)

NOI $137,606 @ 7.0% cap · market cap 55.26%

Second Best

Specialty Retail

$256.1K

$224.1K – $298.8K (±1% cap)

NOI $17,928 @ 7.0% cap · market cap 7.20%

Theoretical Best

Warehouse

$2.39M

$2.09M – $2.78M (±1% cap)

NOI $167,093 @ 7.0% cap · market cap 67.11%

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

Open Analytics

Current Use

Gas stations

Suggested Use

Top Pick HVAC Service Electrical Service Real Estate Agency Bakery Furniture & Home Goods Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

225

Businesses Nearby

59k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 71% Dining 20% Home Improvements & Furnishings 8%

Circle K Shops & Services

32,054 visits/mo 0.5 miles

Dunkin' Donuts Dining

12,090 visits/mo 0.1 miles

Shell Shops & Services

9,316 visits/mo 0.1 miles

Aubuchon Hardware Home Improvements & Furnishings

4,937 visits/mo 0.2 miles

Napa Auto Parts Shops & Services

1,071 visits/mo 0.1 miles

Demographics for 04963, ME

7,358

Population

4,279

Households

1.7

Avg Household Size

45

Median Age

24%

College-Educated

95%

High-School Grad

51.1 sq mi

ZIP Area

144

Density / Sq Mi

$73,611

Median Household Income

$49,913

Median Earnings

$885

Median Rent

$228,200

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Similar For Sale Nearby

See more

Two-Unit Duplex with Office Space

11 Church Street, Oakland, ME 04963

$299,900

2,600 SF

View details

Retail Building with Storage

872 Kennedy Memorial Drive, Oakland, ME 04963

$350,000

800 SF

View details

Freestanding Mixed-Use Retail Building

39 Main Street, Oakland, ME 04963

$350,000

3,324 SF

View details

Mixed-Use Property with Apartment

82 Libby Hill Road, Oakland, ME 04963

$395,000

4,112 SF

View details

Multi-Building Specialty Property

882 Kennedy Memorial Drive, Oakland, ME 04963

$475,000

4,240 SF

View details

Mixed-Use Building with Residential Units

58 Main Street, Oakland, ME 04963

$439,900

6,452 SF

View details

Equestrian Property with Riding Arena

78 + 98 Hussey Hill Road, Oakland, ME 04963

$1,750,000

5,526 SF

View details

Wedding Venue With Equestrian Facilities

7898 78 + 98 Hussey Hill Rd, Oakland, ME 04963

$1,850,000

5,526 SF

View details

Flex Space with Loading Dock

25 Industrial Drive, Oakland, ME 04963

$850,000

8,160 SF

View details

Mixed-Use Property with Commercial Garage

113121 113 & 121 High St, Oakland, ME 04963

$1,249,000

7,321 SF

View details

65-Unit Self Storage Facility

3638 36-38 Summer St, Oakland, ME 04963

$1,500,000

11,700 SF

View details

Self-Storage Facility with 65 Units

36-38 Summer Street, Oakland, ME 04963

$1,500,000

11,700 SF

View details

Frequently Asked Questions

What type of property is this?

Gas station - A steel-frame building and paved on-site parking serve this commercially zoned gas station property.

Where is this gas station located?

The property is located at 836 Kennedy Memorial Drive Oakland, ME.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: 1,600‑square‑foot steel‑frame building; 0.77‑acre property; Paved parking lot