Property profile

115 T M Wentworth Rd Lebanon, ME 04027

OFF-MARKET
Investment properties
Property ID
US42-0788840
9.41 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,500 square foot industrial building sits on a generous 9.41-acre lot in Lebanon, Maine. Its strategic location offers easy access to the desirable New Hampshire lakes region, Northern Massachusetts, and the Greater Portland area, providing excellent connectivity for distribution and logistics. The warehouse is currently configured for marijuana cultivation, presenting a unique opportunity for a buyer seeking a ready-to-use facility or a blank canvas for redevelopment. The substantial lot size allows for ample expansion or the addition of outdoor storage or operational areas. The building's size and layout offer significant flexibility for a variety of industrial, manufacturing, or storage applications. Given its current setup, this property could be particularly attractive to businesses in the cannabis industry or those seeking a similar configuration. The property's location and size make it a compelling investment opportunity with significant potential for future growth and profitability. Serious inquiries are encouraged to explore the possibilities this property presents. The property is offered at $995,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 9.41 ac (409,900 SF)
Zoning code RA
APN LBNN M:R14 L:042-D
UPID US42-0788840

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

115 T M Wentworth Rd Lebanon, ME 04027-3701
Lebanon metro Census 31000 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2024
3 recorded transactions
2024
Price N/A
2022
Price N/A
2018
Price N/A

Zoning & alternative use

RA · Lebanon, ME

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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