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Property profile & analytics
OFF-MARKET Estimated value $1,290,000
Warehouses

44 Manson Libby Rd Scarborough, ME 04074-8986

40,056 SF 3 ac lot Built 1990
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US42-0306539
Property summary
AI-generated overview

This exceptional investment opportunity presents a stabilized, single-tenant NNN industrial property encompassing two buildings totaling approximately 60,000 square feet. Located in Scarborough, Maine, at 44 Manson Libby Road and 4 Cloutier Lane, this property features a 7-year NNN lease with a corporate guarantee, ensuring consistent cash flow. The primary building, a 40,000+ square foot office/warehouse structure situated on approximately 3 acres, boasts seven loading docks and a clear height of 22' to 24'. The property's strong tenant base and long-term lease provide significant financial stability. The Net Operating Income (NOI) is $338,004. This is a rare opportunity to acquire a high-quality, fully leased industrial asset in a desirable location. Offers are due October 30th, 2024. Further details, including pricing and lease specifics, are available upon request and execution of a non-disclosure agreement. The property is classified as Flex space and is located in Cumberland County, Maine, zip code 04074.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1990
Total area 40,056 SF
Lot 3 ac (130,680 SF)
Zoning code 31
APN SCAR M:R062 L:019A
UPID US42-0306539
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Direct Mail of Maine Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.49M
Blend (final) Blend
$1.29M
Owner & transaction history
Galway Enterprises LLC · 4 yrs held
Galway Enterprises LLC
since 2021
7 recorded transactions
2024
Price N/A
2024
Price N/A
2021
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
2014
Price N/A
Zoning & alternative use
31 · Scarborough, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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