Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    3 Karen Dr Westbrook, ME 04092-1928

    • Warehouses
    • 9,880 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $430,000
    Location Intelligence
    Property ID
    US42-0318116
    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

    • Sebago Energy Conservation / Manufacturer
    • Maine Contract Flooring / Flooring Contractor
    • Workout Fitness Services / Fitness Equipment Wholesaler

    Property Details for 3 Karen Dr

    Year built
    1988
    Construction
    STEEL FRAME
    Lot size
    1.37 lot acres
    Property size
    9,880 SF
    Zone code
    19
    Property type
    Warehouses
    APN
    WSBR M:002 L:051
    APU
    WSBRM002L051

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $435,000
      7%
      $455,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $430,000
      Geo Method
      $440,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $525,000
      Retail
      $475,000
      Mixed-Use
      $550,000
      Hospitality
      $525,000
      Educational
      $505,000
      Residential Income
      $415,000
      Energy
      $520,000
      Income-Based Land
      $450,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Westbrook
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3638
    Latitude
    43.6489
    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
    $12,377
    $196,400
    $545,600
    $742,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      52,242 SF

      39 Eisenhower Dr

      WAREHOUSE, STORAGE • 52,242 SF
      39 Eisenhower Dr, Westbrook, ME 04092-2079
      View Details
    • Value Estimation by Request
      44,000 SF

      5 Karen Dr

      WAREHOUSE, STORAGE • 44,000 SF
      5 Karen Dr, Westbrook, ME 04092-1925
      View Details
    • Value Estimation by Request
      109,745 SF

      44 Thomas Dr

      WAREHOUSE, STORAGE • 109,745 SF
      44 Thomas Dr, Westbrook, ME 04092-3824
      View Details
    • Value Estimation by Request
      18,580 SF

      79 Bradley Dr

      WAREHOUSE, STORAGE • 18,580 SF
      79 Bradley Dr, Westbrook, ME 04092-2081
      View Details
    • Value Estimation by Request
      18,000 SF

      40 Bradley Dr

      WAREHOUSE, STORAGE • 18,000 SF
      40 Bradley Dr, Westbrook, ME 04092-2011
      View Details
    • Value Estimation
      $1,450,000
      8,364 SF

      65 Bradley Dr

      WAREHOUSE, STORAGE • 8,364 SF
      65 Bradley Dr, Westbrook, ME 04092-2013
      View Details

    Similar Nearby for Sale

    • $8,750,000
      61,120 SF

      Prime Westbrook Industrial Hub

      61,120 SF Logistics Facility, $8.75M
      41 Eisenhower Dr, Westbrook, ME 04092
      View Details
    • $425,000
      3.24 Acres

      Westbrook Industrial Land - $425K

      3.24 Acres, Industrial Zoning, Prime Location
      31 Spiller Dr, Westbrook, ME 04092
      View Details
    • $689,000
      6,189 SF

      Westbrook Restaurant with Redevelopment Potential

      Operating restaurant, real estate, and business for sale in Westbrook.
      10 Hardy Rd, Westbrook, ME 04092
      View Details
    • $425,000

      Westbrook Industrial Land For Sale

      3.24± acres of vacant industrial land for sale.
      31 Spiller Dr, Westbrook, ME 04092
      View Details
    • New
      $570,000
      2,071 SF

      Westbrook Two-Unit Investment Property

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

      Wooded Lot Near Transportation Hubs

      Wooded 0.32 acre lot near interstate, airport, and bus.
      Reed St, Westbrook, ME 04092
      View Details

    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
    • $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
    • $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
    • $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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3 Karen Dr
    Westbrook, ME 04092-1928
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.