Property summary
This exceptional Class A, 10,112 square foot retail center in Waterboro, Maine presents a compelling 1031 exchange opportunity. The fully-leased, multi-tenant property boasts a strong 8.52% cap rate and a substantial net operating income (NOI) of $149,096, with a remaining lease term of 5 years. Currently housing three tenants in a 100% occupied building constructed in 2019, this property sits on a 9.6-acre lot (APN 1686) in the Village zoning district, offering significant potential for… future development. Conditional approvals are in place for Phases 2 and 3, allowing for expansion into light industrial, storage, professional, retail, office, or residential uses, addressing a current market shortage of such spaces. The asking price is $1,750,000, translating to a land value of $175.28 per square foot. The property's strategic location on Main Street (1029-1041), near established businesses like Family Dollar and Ace Hardware, ensures high visibility and accessibility. The cost to replicate this property significantly exceeds the asking price, making this a truly valuable investment opportunity with both immediate yield and long-term upside potential. The Town of Waterboro's business-friendly approach further enhances the investment prospects, potentially accommodating adjustments to building dimensions to suit a buyer's vision. This NNN leased property offers a secure, high-return investment with significant future development possibilities.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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