Technical
Financial
Distress signals
Property profile

33 Bishop St Portland, ME 04103

OFF-MARKET
Industrial properties
Property ID
US42-0263753
1.27 ac lot
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property at 33 Bishop Street in Portland, Maine offers 8,700 square feet of immediately available warehouse and flex space within a larger 23,072 square foot building. Located in the desirable Morrill's Corner area, this single-tenant property boasts a coveted I-M zoning designation, providing significant flexibility for a variety of uses. The warehouse features a substantial 22-foot ceiling height, ideal for storing taller goods or incorporating mezzanine levels for increased operational efficiency. One loading dock simplifies loading and unloading operations, streamlining your logistics. The property is situated in Cumberland County, with easy access to major transportation routes, making it an excellent choice for businesses needing convenient access to the Portland metro area. The available space presents a unique opportunity to establish or expand your operations in a prime location with ample room for growth. The building's total square footage is 23,072 square feet, offering potential for future expansion within the same complex. This property is perfect for businesses seeking a versatile and strategically located warehouse or flex space in Portland, Maine. The 04103 zip code ensures convenient access to a thriving business community and a robust workforce.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.27 ac (55,356 SF)
APN PTLD M:293 B:A008001
UPID US42-0263753

Cap rate & NOI

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

Location

33 Bishop St Portland, ME 04103-2614
Portland metro Census 2102 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2020
Price N/A
1969
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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