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Property profile & analytics
OFF-MARKET
Warehouses

0 Hob Rd Corinth, ME 04427

19,000 SF 120 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 120-acre industrial property in Corinth, Maine, presents a compelling redevelopment opportunity. Located on Hob Rd, directly off State Highway 15, this site offers unparalleled access and visibility, just 25 minutes north of Bangor. The property includes two buildings totaling 19,000 square feet, although one sustained partial fire damage in 2018. The buildings are currently vacant, allowing for complete customization to suit diverse industrial needs, including distribution, manufacturing, or warehousing. The property boasts three dock-high doors and an 18-foot ceiling height in the undamaged building. The site is zoned for industrial use and benefits from the presence of three-phase power, with the main Versant Power transmission line situated at the rear. The asking price is $995,000, translating to $52.37 per square foot. Given the expansive acreage, this property also presents significant potential for ground-mounted solar development. The property's location, infrastructure, and size make it an ideal canvas for a variety of industrial projects. The parcel number is 08-20-25. This is a rare chance to acquire a substantial industrial site in a strategic location with significant upside potential.

Property profile
Verified
Property type Warehouses
Total area 19,000 SF
Lot 120 ac (5,227,200 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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