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    300 Riley Rd Jay, ME 04239

    For Lease
    $4 SF/Yr

    Massive industrial space, renewable energy

    Lot size:
    910,825 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This expansive Maine industrial property offers 910,825 square feet of versatile manufacturing and warehouse space across five suites, divisible to 5,161 square feet. Situated on 1,011 acres, it features 20 loading docks, ceiling heights ranging from 20 to 55 feet, and substantial power capacity (150 MW, 115 KV) with a direct Central Maine Power connection. The property includes numerous rail spurs connecting to the CSX line, and utilities (water, sewer, natural gas) are readily available. Many spaces boast heavy-duty overhead cranes. A planned 75 MW solar farm (projected 2025 completion) will provide additional renewable energy. Potential exists for purchasing commercial condos or land. The property is located at 300 Riley Rd, Jay, ME 04239. Zoning is limited to Shoreland and Flood Plain regulations.

    Property Features for 300 Riley Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    910,825 SF
    Total Rate
    303608.33

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Main Building
    Size
    910,825 SF
    Rate per SF
    $5
    Space
    Environmental Building
    Size
    11,300 SF
    Rate per SF
    $5
    Space
    Engineering Building
    Size
    10,000 SF
    Rate per SF
    $5
    Space
    Roll Rebuild Shop
    Size
    5,763 SF
    Rate per SF
    $5
    Space
    Construction Warehouse
    Size
    5,161 SF
    Rate per SF
    $5

    HighLights

    • 910,825 SF of divisible industrial space in five suites (minimum 5,161 SF).
    • 1,011‑acre site with 20 loading docks, 20‑55' ceiling heights, and 150 MW, 115 KV power (direct CMP connection).
    • Extensive rail access via CSX spurs and ample utilities (water, sewer, natural gas).
    • Many bays feature heavy‑duty overhead cranes.
    • Planned 75 MW solar farm (completion projected 2025).
    • Potential for condo or land sales.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Valmet, Inc. Industrial Equipment Supplier Pixelle Corporation Paper Mill Pixelle Specialty Solutions ... Manufacturer

    Suggested Use

    Realty agency Law Firm Wholesale Shop Auto Repair Shop Auto Parts Store HVAC Service Furniture Store Daycare Center Shopping Mall

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jay
    County
    Franklin
    State
    Maine
    Longitude
    -70.2372204
    Latitude
    44.5080972

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    FAQs

    What type of property is this?
    Distribution property - Massive industrial space, renewable energy
    Where is this distribution property located?
    The property is located at 300 Riley Rd Jay, ME.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 910,825 SF of divisible industrial space in five suites (minimum 5,161 SF).; 1,011-acre site with 20 loading docks, 20-55' ceiling heights, and 150 MW, 115 KV power (direct CMP connection).; Extensive rail access via CSX spurs and ample utilities (water, sewer, natural gas).
    Request Owner's contact information
    300 Riley Rd Jay, ME 04239
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    Jay, ME 04239
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Riley Rd Jay, ME 04239
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