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Financial
Distress signals
Property profile

115 Logistics Dr Auburn, ME 04210

FOR LEASE
Other warehouses
Property ID
US42-0217514
60,000 SF Built 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
115 Logistics Dr, Auburn, ME 04210 For Lease
Contact for pricing 102,000 SF available
115 Logistics Dr, Auburn, ME 04210
View Listing

Property summary

AI-generated overview

Unit 2B is an industrial/warehouse facility built in 2008, configured to provide approximately 42,000 to 102,000± square feet of space. The building offers 26 ft clear height, an ESFR wet-pipe sprinkler system, and loading infrastructure that includes fourteen (14) loading docks measuring 8 ft x 10 ft plus two (2) overhead drive-in doors. The property also provides on-site parking for up to 66± vehicles and is located with direct access off Maine Turnpike Exit 75, within an area characterized…

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?
$47k
Tax billed · 2023
Assessed value$2.05M
Assessed improvement$2.05M
Effective rate2.28%

Value estimate

· Oct 2026
$1.27M
$1.14M – $1.39M
AI approach$920k
Submarket $/SF estimate$1.61M
NOI build-up
Gross scheduled income$15.30M
Vacancy & credit loss−$381k
Operating expenses−$4.48M
NOI · 104,958,000.00% cap applied$10.44M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
104,958,000.00%
$10.44M estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionAUBURN

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 Service8.8
Tailor Shop8.6
Garden Center8.3

Location

115 Logistics Dr Auburn, ME 04210
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
80 Kittyhawk, Auburn, ME 04210-8309 $1,629,600 Nov 2023 28,667 SF
59 Mystique, Auburn, ME 04210-3721 $600,000 Jul 2023 11,424 SF
358 Washington N, Auburn, ME 04210-4823 $425,000 Apr 2023 6,375 SF
416 Lewiston Jct, Auburn, ME 04210-9092 $2,400,000 May 2022 27,206 SF
234 1st Flight, Auburn, ME 04210-9056 $1,275,000 Apr 2022 12,000 SF
143 1st Flight, Auburn, ME 04210-9051 $617,000 Mar 2022 4,800 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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