Property profile

178 Bath Rd Brunswick, ME 04011

FOR LEASE
Showrooms
Property ID
US42-0340671
1,924 SF 0.72 ac lot Built 1900
Individually Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.72-acre retail pad site presents a prime development opportunity in Brunswick, Maine's thriving Cook's Corner submarket. Located at 178 Bath Road (APN: Map CC1, Lot 34), this property is zoned CC - Regional Business Commercial District, ideal for a variety of retail uses including restaurants, banks, and fast-food establishments. The site benefits from its adjacency to the Cook's Corner Shopping Center, a bustling retail hub anchored by major national tenants such as Regal Cinemas, Dollar Tree, Big Lots, Staples, TJ Maxx, and Hannaford. This strategic location ensures high visibility and accessibility, with a daily traffic count exceeding 25,000 vehicles. The surrounding area boasts a strong concentration of established retailers, including Advance Auto Parts, Burger King, Starbucks, Verizon, Taco Bell, KFC, Dunkin', Applebee's, and T-Mobile, creating a vibrant and densely populated commercial environment. This single-tenancy site offers developers a unique chance to capitalize on the high traffic volume and established retail presence in a prime Brunswick location. The property's size and zoning provide flexibility for a range of development plans, making it an attractive investment for those seeking a high-impact retail development project in a highly desirable area. The site is ready for immediate development.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,924 SF
Lot 0.72 ac (31,363 SF)
APN BRUN M:CC1 L:034
UPID US42-0340671

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
  • Ophthalmologist (Bike/Boat/Book/etc) Store

Location

178 Bath Rd Brunswick, ME 04011
Brunswick metro Census 11100 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2013
1 recorded transaction
2013
Price N/A

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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