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Property profile & analytics
OFF-MARKET
Warehouses

90 Spencer Dr Wells, ME 04090

400,000 SF 41.08 ac lot Built 1999
Property ID
Property summary
AI-generated overview

This exceptional 44,626 square foot warehouse space is situated within the thriving Wells Business Park, offering unparalleled convenience and accessibility. Located just half a mile from Maine Turnpike, Exit 19, this property boasts a strategic location for efficient logistics and distribution. The warehouse itself features eight loading docks, ensuring smooth and efficient operations, and a generous 30-foot ceiling height, providing ample vertical storage capacity. Constructed with durable pre-cast concrete and steel, this building is built to last. The property sits on a substantial 41.08 acres of land, offering potential for future expansion or development. The Wells Business Park is home to a variety of established businesses, including a UPS Customer Center, Shaw's Distribution Center, and a VELUX Commercial facility, creating a strong and supportive business community. This multi-tenant building offers a total of 400,000 square feet of industrial space, reflecting the scale and potential of this prime location. The property is zoned for Light Industrial use, providing flexibility for a range of businesses. This is a rare opportunity to secure a well-maintained, strategically located warehouse space in a thriving business park. The combination of size, location, and amenities makes this an ideal choice for businesses seeking efficient and reliable warehouse solutions. The property's robust construction and ample space provide a solid foundation for growth and success.

Property profile
Verified
Property type Warehouses
Year built 1999
Total area 400,000 SF
Lot 41.08 ac (1,789,445 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
Current use
Occupant on record · Public records
  • Village Candle Home Decor Store Department Store
  • EIMSKIP Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
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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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