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Property profile & analytics
OFF-MARKET
Commercial real estate

90 Diesel Shop Rd Hermon, ME 04401

45,000 SF 32.22 ac lot Built 1923
Property ID
Property summary
AI-generated overview

This expansive 32.22-acre commercial property in Hermon, Maine, presents a unique investment opportunity. The site features a substantial former railroad roundhouse encompassing approximately 34,000 square feet. This impressive structure boasts twelve large bays, each with its own individual access door and separated by concrete block dividing walls. Adding to the property's versatility is a second building, a 10,000-square-foot double-bay structure situated behind the roundhouse. This building offers convenient loading dock access and retains existing rail access. The property's strategic location provides unparalleled connectivity. Five rail spurs offer direct access to major New England railroads, converging at this central location. Furthermore, the property enjoys exceptional proximity to I-95 and Bangor International Airport, ensuring seamless transportation links. The total building space on the property is 45,000 square feet. The property is ready for immediate occupancy, making it an ideal location for a variety of industrial or commercial uses. This substantial property offers a rare combination of size, location, and infrastructure, presenting a compelling opportunity for businesses seeking a strategic base of operations in Maine.

Property profile
Verified
Property type Commercial real estate
Year built 1923
Total area 45,000 SF
Lot 32.22 ac (1,403,503 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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