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Manufacturing properties
ME
Sanford
04073
122 Cyro Dr

Property profile

122 Cyro Dr Sanford, ME 04073

OFF-MARKET

Manufacturing properties

Property ID

US42-0386783

33,664 SF 3.97 ac lot Built 2007

Entity Owned 20-yr Hold Free & Clear

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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.

Property type Manufacturing properties

Use group MANUFACTURING (LIGHT)

Year built 2007

Construction STEEL FRAME

Total area 33,664 SF

Lot 3.97 ac (172,933 SF)

Zoning code IB

APN SANF M:R18B B:5

UPID US42-0386783

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

(Bike/Boat/Book/etc) Store Auto Parts Store
Electric Utility Company

122 Cyro Dr Sanford, ME 04073-2568

Sanford metro Census 30300 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

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AI Approach AI

by Request

CAP Approach CAP

$5.34M

Comparable Approach Comparable

$4.49M

Blend (final) Blend

$815k

since 2006

3 recorded transactions

2017

Price N/A

2006

Price N/A

2006

Price N/A

Zoning description

Industrial Business Zone (IB). A. Purpose. The purpose of the Industrial Business (IB) Zone is to provide areas for traditional industrial and business park development in a well-planned environment where public water su…

General category INDUSTRIAL

Top alternative use upside

Office building $5.9M +88.8%

Restaurant $4.3M +35.2%

Commercial (general) $3.6M +13.4%

Comparables

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