Property profile

16 Old Pike Rd Cornish, ME 04020

OFF-MARKET
Industrial properties
Property ID
US42-0003077
5,788 SF 0.23 ac lot Built 1996
Entity Owned 18-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1996
Construction FRAME
Total area 5,788 SF
Lot 0.23 ac (10,019 SF)
APN CNSH M:U01 L:021B
UPID US42-0003077

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician
  • Physician

Location

16 Old Pike Rd Cornish, ME 04020-3506
Cornish metro Census 22500 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$558k
Blend (final) Blend
$300k

Owner & transaction history

since 2008
1 recorded transaction
2008
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $730,000 +60.5%
Commercial (general) $705,000 +54.0%
Retail stores $605,000 +32.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16 Old Pike Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message