122 Cyro Dr Sanford, ME 04073-2568
- Manufacturing properties
- 33,664 SF
- 3.97 lot acres
Current Use by Public Records
- Central Tire Retreading / Tire Shop
- Substaions / Electric Utility Company
Property Details for 122 Cyro Dr
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 3.97 lot acres
- Property size
- 33,664 SF
- Zone code
- IB
- Property type
- Manufacturing properties
- APN
- SANF M:R18B B:5
- APU
- SANFMR18BB5
Description
This single-tenant, 33,664-square-foot warehouse, built in 2007, is situated within the Sanford Industrial Park and offers exceptional access to major transportation routes connecting Maine, New Hampshire, and Massachusetts. The property boasts a 24-foot clear ceiling height, maximizing storage capacity. Four loading docks and two drive-in doors ensure efficient loading and unloading operations. The robust electrical system features 3-phase, 600 amp, 480-volt power, suitable for demanding industrial applications. Safety is prioritized with high-pressure 150 PSI sprinklers. An added benefit is an on-site air compressor system. The property sits on 3.97 acres of land and is zoned IB-Industrial Business. The front parking lot underwent recent paving in June 2024. The building consists of one single-story structure. Taxes are estimated at $24,074. NNN lease estimated at $2.00 PSF. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $815,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $700,000
- 6.5%
- $755,000
- 7%
- $730,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $740,000
- Geo Method
- $645,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $655,000
- Retail
- $655,000
- Mixed-Use
- $760,000
- Hospitality
- $765,000
- Educational
- $825,000
- Residential Income
- $750,000
- Energy
- $855,000
- Income-Based Land
- $730,000
- Food Service
- $820,000
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- York
- State
- Maine
- Longitude
- -70.7126
- Latitude
- 43.411
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA