38 Carolina Rd Limestone, ME 04750
This 3,936-square-foot commercial building, located at 38 N Carolina in Limestone, Maine (zip code 04750), presents a unique investment opportunity. Built in 1957, the property is zoned for commercial/mixed use and features loading docks and a newer roof. Previously used as a post office, the building offers versatile potential for various uses, including multi-use commercial space, light manufacturing, assembly, machine technology, or agricultural processing/energy applications. The property is situated within the Green 4 Maine Campus at Loring, formerly Loring Air Force Base, a large commercial and business park boasting a 12,000+ foot airstrip and serving as a major air cargo distribution hub. This location benefits from several economic incentives, including Pine Tree Zone certification (Tier 1), Opportunity Zone certification, Business Equipment Tax Exemption (BETE), Municipal Tax Increment Financing (TIF), and New Market Tax Credit (NMTC) eligibility. The Green 4 Maine Campus is undergoing revitalization, aiming to become a self-sustaining, energy-positive green destination, fostering innovation and creating jobs. The site offers streamlined permitting and flexible zoning, making it an attractive location for businesses seeking a supportive and welcoming community with excellent educational opportunities. The property is currently vacant and ready for immediate occupancy. The building is a single-tenant space with a Net Net Net (NNN) lease structure.
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
Similar Nearby for Sale
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.