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    Property profile & analytics

    860 Spring St Westbrook, ME 04092

    • Warehouses
    • 39,820 SF
    • 4.46 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Feb 26, 2021
    Location Intelligence
    Property ID
    US42-0377222
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Trane Supply / Heating Equipment Supplier / Air Conditioning Contractor
    • Trane / Hvac Contractor / Heating Contractor
    • Support Services Group ME / Call Center
    • Trane - Heating & Cooling Services / Heating Equipment Supplier / Equipment Rental Agency

    Property Details for 860 Spring St

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.46 lot acres
    Property size
    39,820 SF
    Zone code
    19
    Property type
    Warehouses
    APN
    WSBR M:003 L:101-A
    APU
    WSBRM003L101A

    Description

    This exceptional 20,000-square-foot Class A industrial space in Westbrook, Maine, is a brand-new, single-tenant flex/warehouse/distribution facility built in 2023. Located at 860 Spring Street, within the Colonel Westbrook Executive Park, this property boasts a 25-foot clear ceiling height, two loading docks, and one drive-in door, ensuring efficient operations. The 4.49-acre site offers ample on-site parking and excellent visibility from Spring Street and County Road. Its strategic location provides easy access to major transportation arteries, including Exit 46 of the Maine Turnpike (I-295) and the Portland International Jetport, making it ideal for businesses needing convenient access to regional and national transportation networks. The property is zoned IPD (Industrial Park District) and features a masonry building construction. The building is ready for immediate occupancy. APN: Map 3, Lot 101A. This is a rare opportunity to secure a modern, high-quality industrial space in the Greater Portland submarket. The property's size, features, and location make it an attractive option for a variety of businesses.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3567
    Latitude
    43.6501
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $51,698
    $796,900
    $2,302,500
    $3,099,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      5 Karen Dr

      WAREHOUSE, STORAGE • 44,000 SF
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      44 Thomas Dr

      WAREHOUSE, STORAGE • 109,745 SF
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      79 Bradley Dr

      WAREHOUSE, STORAGE • 18,580 SF
      79 Bradley Dr, Westbrook, ME 04092-2081
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    • Value Estimation by Request
      18,000 SF

      40 Bradley Dr

      WAREHOUSE, STORAGE • 18,000 SF
      40 Bradley Dr, Westbrook, ME 04092-2011
      View Details
    • Value Estimation
      $1,450,000
      8,364 SF

      65 Bradley Dr

      WAREHOUSE, STORAGE • 8,364 SF
      65 Bradley Dr, Westbrook, ME 04092-2013
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Modern Westbrook Industrial Space

      20,000 SF Flex Warehouse, Immediate Occupancy
      860 Spring St, Westbrook, ME 04092
      View Details
    • $10 SF/Yr
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      Westbrook Warehouse Space for Lease

      6,035± SF warehouse space available near Maine Turnpike Exit.
      185 Warren Ave, Westbrook, ME 04092
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    • $12 SF/Yr
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      Westbrook Warehouse/Flex Space Available

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    • $16 SF/Yr
      2,596 SF

      Westbrook Flex/Industrial Building For Rent

      High-visibility flex/industrial building near Maine Turnpike Exit 46.
      319 County Rd, Westbrook, ME 04092
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    • $9 SF/Yr
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      Westbrook Industrial Flex Space

      13,770 SF Flex Space, I-95 Access
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    • $10 SF/Yr
      2,089 SF

      Westbrook Office/Flex Space Available

      Renovated office/flex space in historic Westbrook mill building.
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      View Details
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    860 Spring St
    Westbrook, ME 04092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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