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    OFF-MARKET
    Warehouses

    18 Hope Dr, Hallowell, ME 04347

    5,000 SF 1 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,000 square foot freestanding industrial building presents a compelling owner-user opportunity in Hallowell, Maine. Located at 18 Hope Dr, this Class B property boasts a desirable location with highway visibility, offering excellent exposure for any business. The single-story building features 16-foot ceilings, two loading docks, and two dock-high doors, providing ample space and efficient loading capabilities. Currently leased to Pinnacle Window Solutions through April 30, 2026, with a base rent of $30,000 annually on a modified gross lease, this property offers immediate income potential. The property sits on approximately one acre of land in Kennebec County, zoned Rural Farm (APN 18B/56). The asking price is $375,000, translating to $75 per square foot. This represents a unique chance to acquire a well-maintained industrial space with significant potential for growth and profitability. The property's proximity to central Maine markets further enhances its appeal. Further details regarding lot size and laydown area are available upon request. This is a single-unit building, ideal for a variety of industrial uses.

    Property profile
    Verified
    Property type Warehouses
    Total area 5,000 SF
    Lot 1 ac (43,560 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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