0 Hob Rd Corinth, ME 04427
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.