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    534 Belgrade Rd Oakland, ME 04963

    For Lease
    $8 SF/Yr

    56,271 SF Warehouse, 10.74 Acres

    Lot size:
    56,271 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A industrial warehouse, located at 534 Belgrade Rd, Oakland, ME 04963, offers 56,271 square feet of versatile space on a substantial 10.74-acre lot. Built in 1980 and extensively renovated in 2009, this single-story building boasts a 24-27 foot clear ceiling height, ideal for various industrial and distribution needs. The property features four loading docks and three drive-in doors, ensuring efficient loading and unloading operations. Power is supplied by a robust 3-phase, 2-service entrance system with 800 AMP and 400 AMP capacity. The property is situated in Kennebec County (APN: Map 11, Lot 046) and is currently configured as a single suite, although it is suitable for multiple tenants. This prime location offers easy access to major transportation routes, making it an attractive option for businesses seeking a high-quality, functional warehouse space in a strategic location. The property's size and features make it suitable for a wide range of industrial and distribution operations. Currently, 40,000 square feet is available for lease.

    Property Features for 534 Belgrade Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,271 SF
    Class
    A
    Total Rate
    39858.63

    Building Details

    Year Built/Renovated
    1980/2009
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    534 Belgrade Road
    Size
    40,000 SF
    Rate per SF
    $8
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Auto Parts Store HVAC Service Garden Center Travel Agency Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Kennebec
    State
    Maine
    Longitude
    -69.7373606
    Latitude
    44.5389281

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - 56,271 SF Warehouse, 10.74 Acres
    Where is this distribution property located?
    The property is located at 534 Belgrade Rd Oakland, ME.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
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    534 Belgrade Rd Oakland, ME 04963
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    Oakland, ME 04963
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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
    534 Belgrade Rd Oakland, ME 04963
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