1566 Roosevelt Trl Raymond, ME 04071
Industrial District (I). A. Purpose: to provide for the creation of appropriate districts within the Town of Raymond for industrial facilities, in accordance with the following requirements. B. Permitted uses. (1) Any industrial structure or use, as defined in this chapter, which meets all of the following criteria: (a) Primary aspects of the industrial proc…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
I · Raymond, MEIndustrial District (I). A. Purpose: to provide for the creation of appropriate districts within the Town of Raymond for industrial facilities, in accordance with the following requirements. B. Permitted uses. (1) Any industrial structure or use, as defined in this chapter, which meets all of the following criteria: (a) Primary aspects of the industrial process are carried on within the structure; (b) The noise level of the industrial process does not exceed 50 decibels at any property line; and (c) There are no land, water or air waste discharges or emissions other than sanitary facilities, which meet the requirements of the state's wastewater disposal rules. (2) Warehousing; [Amended 6-14-2022 ] (3) Distribution and transportation; (4) Research laboratories; (5) Retail facilities and services accessory to principal uses. (6) Solar energy systems. [Added 6-14-2022 ] (7) Outdoor storage. [Added 6-14-2022 ] C. Conditional uses. (1) Automobile graveyards, automobile recycling businesses and junkyards conforming with 30-A M.R.S.A. §§ 3751 through 3760, and all state or local regulations; (2) Public utility facilities. D. Location. An Industrial District may be created for any land within the Town, except within the Shoreland District, upon application to the Planning Board by an applicant for a specific industrial use thereof upon a showing by the applicant to the satisfaction of the Planning Board under the procedures set forth in this Article 4, § 300-4.7 , that the proposed industrial use and its location satisfy the requirements set forth below. Following a review of the application, the Planning Board shall recommend to the Town Meeting whether or not the proposed Industrial District and use should be approved. (1) The proposed use will not result in undue water, noise or air pollution. (2) The proposed location consists of soil types which are suitable to the construction and industrial use proposed and will not be subjected to unreasonable soil erosion or reduction in the capacity of the land to hold water so that a dangerous or unhealthy condition may result. (3) The proposed location and use will not cause unreasonable highway or public road congestion or unsafe conditions with respect to use of the highways or public roads existing or proposed. (4) The proposed use will be compatible with the existing uses of any improved land abutting the proposed location and with any identifiable predominant character of surrounding improved lands.
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.