90 Diesel Shop Rd Hermon, ME 04401
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.
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
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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.