204 Center Rd Fairfield, ME 04937
This exceptional 408-unit self-storage facility, located at 204 Center Road in Fairfield, Maine (04937), presents a compelling investment opportunity. The property boasts a substantial 63,520 square feet of space distributed across sixteen buildings situated on an 8.22-acre lot (APN: Map 1, Block F, Lot 39). Ten of these buildings were newly constructed in 2021 using Miller building systems, complementing the existing structures built in 2000. The facility benefits from excellent visibility due to its proximity to the Maine Turnpike (I-95), ensuring high traffic exposure and accessibility. Currently operating at an impressive 82% occupancy rate with a positive upward trend, this property offers significant potential for future growth and revenue generation. The asking price is $5,400,000, translating to $85.01 per square foot and $13,235.29 per unit. The property is zoned for industrial use and is owned by Fairfield Storage, LLC. This is a rare opportunity to acquire a well-established, high-performing self-storage facility in a desirable location with strong growth prospects. The single-story buildings offer efficient management and maintenance. This is a turnkey operation ready for immediate income generation.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.