Property profile

534 Belgrade Rd Oakland, ME 04963

FOR LEASE
Commercial real estate
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Property ID
US42-0103121
10.74 ac
Last sale Sep 2023·$3,540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This exceptional Class A industrial warehouse, located at 534 Belgrade Rd, Oakland, ME 04963, offers 56,271 square feet of versatile space on a substantial 10.74-acre lot. Built in 1980 and extensively renovated in 2009, this single-story building boasts a 24-27 foot clear ceiling height, ideal for various industrial and distribution needs. The property features four loading docks and three drive-in doors, ensuring efficient loading and unloading operations. Power is supplied by a robust…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value$4.21M
Assessed land$89k
Assessed improvement$4.12M
Effective rate1.44%

Value estimate

· Nov 2026
$2.72M
$2.45M – $2.99M
AI approach$3.23M
NOI build-up
Gross scheduled income$398k
Vacancy & credit loss−$10k
Operating expenses−$136k
NOI · 2,970,729.41% cap applied$253k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$99/SF
County average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$49 – $149

Cap rate analysis

How does the asset earn?
2,970,729.41%
$253k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NEIGHB
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Auto Parts Store8.7
Garden Center8.4

Location

534 Belgrade Rd Oakland, ME 04963
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
40 Main, Oakland, ME 04963-4968 $438,000 May 2024 5,087 SF
34 Main, Oakland, ME 04963-4969 $275,000 Dec 2023 4,147 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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