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    Property profile & analytics

    16 Hersey Dr Brewer, ME 04412-1528

    • Showrooms
    • 2,600 SF
    • 1.23 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US42-0200633
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Loomis Armored US / Check Cashing Service / Atm

    Property Details for 16 Hersey Dr

    Year built
    1970
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.23 lot acres
    Property size
    2,600 SF
    Zone code
    GB
    Property type
    Showrooms
    APN
    BRER M:50 L:5
    APU
    BRERM50L5

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $390,000
      6.5%
      $440,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $390,000
      Retail
      $400,000
      Mixed-Use
      $430,000
      Hospitality
      $395,000
      Educational
      $430,000
      Residential Income
      $425,000
      Energy
      $410,000
      Income-Based Land
      $375,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Brewer
    County
    Penobscot
    State
    Maine
    Longitude
    -68.7549
    Latitude
    44.7849
    CBSA code
    12620
    CBSA name
    BANGOR, ME METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,083
    $100,600
    $152,300
    $252,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,676 SF

      5 Pkwy S Pkwy

      SHOW ROOM, WAREHOUSE • 2,676 SF
      5 Pkwy S Pkwy, Brewer, ME 04412-1684
      View Details
    • Value Estimation
      $380,000
      4,000 SF

      48 Stevens Rd

      SHOW ROOM, WAREHOUSE • 4,000 SF
      48 Stevens Rd, Brewer, ME 04412-2252
      View Details
    • Value Estimation
      $525,000
      11,200 SF

      60 Acme Rd

      SHOW ROOM, WAREHOUSE • 11,200 SF
      60 Acme Rd, Brewer, ME 04412-1523
      View Details
    • Value Estimation by Request
      2.07 Acres

      565 Wilson St

      SHOW ROOM, WAREHOUSE • 2.07 Acres
      565 Wilson St, Brewer, ME 04412-1418
      View Details
    • Value Estimation by Request
      3,920 SF

      6 Mooring Dr

      SHOW ROOM, WAREHOUSE • 3,920 SF
      6 Mooring Dr, Brewer, ME 04412-2279
      View Details
    • Value Estimation by Request
      61,048 SF

      6 Baker Blvd

      SHOW ROOM, WAREHOUSE • 61,048 SF
      6 Baker Blvd, Brewer, ME 04412-2253
      View Details

    Similar Nearby for Sale

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      Multifamily property with commercial space for owner-occupant or investor.
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      Land with easy access and great visibility.
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      1.38 Acres

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      1.38 acre lot in Brewer, partially cleared for building.
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    • $299,000
      42.92 Acres

      43 Acres of Residential Land

      Large 43-acre lot zoned for high-density residential development.
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      Commercial Land Near I-395

      Commercial land with easy highway access in a retail area.
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    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Retail Center Anchored by Dollar Tree

      Retail space in a conveniently located shopping center with parking.
      238 State St, Brewer, ME 04412
      View Details
    • Contact for pricing
      15,000 SF

      Retail Development at Wilson Street

      New retail development with high visibility and easy access.
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      View Details
    • $1,400 /Mo
      1,050 SF

      Downtown Brewer Office Space Available

      Well-maintained office building in downtown Brewer with ample natural light.
      141 N Main St, Brewer, ME 04412
      View Details
    • $10 SF/Yr
      5,000 SF

      Brewer Warehouse/Shop Space Available

      5,000 SF warehouse/shop in Brewer's East-West Industrial Park.
      183 Robertson Blvd, Brewer, ME 04412
      View Details

    Property Visit Statistics

    • Visits by month
      1.9k
    • Visitors by month
      1.7k
    • Avg Time on site
      19 min
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    16 Hersey Dr
    Brewer, ME 04412-1528
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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