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    Property profile & analytics

    185 Warren Ave Westbrook, ME 04092

    • Industrial properties
    • 3,912 SF
    • 2.70 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    $3,005,000
    Last Sale
    Sep 30, 2024
    $3,000,000
    Location Intelligence
    Property ID
    US42-0185670
    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

    • Phoenix Cycle Shop, LLC / Motorcycle Repair Shop
    • Evergreen Cabinetry / Kitchen Remodeler / Cabinet Maker
    • Maine Parcel Services / Gift Basket Store

    Property Details for 185 Warren Ave

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.70 lot acres
    Property size
    3,912 SF
    Zone code
    19
    Property type
    Industrial properties
    APN
    WSBR M:046 L:001
    APU
    WSBRM046L001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,000,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,790,000
      6.5%
      $2,905,000
      7%
      $3,010,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,475,000
      Geo Method
      $3,005,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,975,000
      Retail
      $2,870,000
      Mixed-Use
      $3,260,000
      Hospitality
      $2,745,000
      Educational
      $2,790,000
      Residential Income
      $3,215,000
      Energy
      $2,420,000
      Income-Based Land
      $2,560,000
      Food Service
      $2,420,000

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3417
    Latitude
    43.6862
    CBSA code
    38860
    CBSA name
    PORTLAND-SOUTH PORTLAND-BIDDEFORD, 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
    $18,186
    $220,500
    $869,800
    $1,090,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      72.89 Acres

      594 County Rd

      INDUSTRIAL (GENERAL) • 72.89 Acres
      594 County Rd, Westbrook, ME 04092-1905
      View Details
    • Value Estimation by Request
      23.40 Acres

      750 Spg St

      INDUSTRIAL (GENERAL) • 23.40 Acres
      750 Spg St, Westbrook, ME 04092-3817
      View Details
    • Value Estimation by Request
      1.79 Acres

      176 Lorenzen Hl Rd

      INDUSTRIAL (GENERAL) • 1.79 Acres
      176 Lorenzen Hl Rd, Westbrook, ME 04092-2575
      View Details
    • Value Estimation by Request
      55.70 Acres

      232 Lorenzen Hl Rd

      INDUSTRIAL (GENERAL) • 55.70 Acres
      232 Lorenzen Hl Rd, Westbrook, ME 04092-2576
      View Details
    • Value Estimation
      $355,000
      2.60 Acres

      11 Saunders Way

      INDUSTRIAL (GENERAL) • 2.60 Acres
      11 Saunders Way, Westbrook, ME 04092
      View Details
    • Value Estimation
      $500,000
      6,650 SF

      84 Warren Ave, Unit I

      CONDOMINIUMS (INDUSTRIAL) • 6,650 SF
      84 Warren Ave, Westbrook, ME 04092-4433
      View Details

    Similar Nearby for Sale

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      61,120 SF

      Prime Westbrook Industrial Hub

      61,120 SF Logistics Facility, $8.75M
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    • $425,000
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      Westbrook Industrial Land - $425K

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      Westbrook Industrial Land For Sale

      3.24± acres of vacant industrial land for sale.
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    • $575,000
      2,071 SF

      Westbrook Two-Unit Investment Opportunity

      Well-maintained two-unit property near downtown Westbrook with long-term tenants.
      124 Brackett St, Westbrook, ME 04092
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    • $165,000
      0.32 Acres

      Wooded Lot Near Transportation Hubs

      Wooded 0.32 acre lot near interstate, airport, and bus.
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      2,711 SF

      Westbrook Triplex with Rental Income

      Three-unit property in Westbrook, fully rented with ample parking.
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    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Modern Westbrook Industrial Space

      20,000 SF Flex Warehouse, Immediate Occupancy
      860 Spring St, Westbrook, ME 04092
      View Details
    • $10 SF/Yr
      6,035 SF

      Westbrook Warehouse Space for Lease

      6,035± SF warehouse space available near Maine Turnpike Exit.
      185 Warren Ave, Westbrook, ME 04092
      View Details
    • $16 SF/Yr
      2,596 SF

      Westbrook Flex/Industrial Building For Rent

      High-visibility flex/industrial building near Maine Turnpike Exit 46.
      319 County Rd, Westbrook, ME 04092
      View Details
    • $9 SF/Yr
      13,770 SF

      Westbrook Industrial Flex Space

      13,770 SF Flex Space, I-95 Access
      15 Saunders Way, Westbrook, ME 04092
      View Details
    • $12 SF/Yr
      4,800 SF

      Westbrook Warehouse/Flex Space Available

      Warehouse/flex space in Westbrook, easily accessed from Maine Turnpike.
      4 Thomas Dr, Westbrook, ME 04092
      View Details
    • $10 SF/Yr
      2,089 SF

      Westbrook Office/Flex Space Available

      Renovated office/flex space in historic Westbrook mill building.
      506 Main St, Westbrook, ME 04092
      View Details
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    185 Warren Ave
    Westbrook, ME 04092
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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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