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Property profile & analytics
FOR LEASE
Commercial real estate

534 Belgrade Rd Oakland, ME 04963

10.74 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US42-0103121
Property summary
AI-generated overview

This exceptional Class A industrial warehouse, located at 534 Belgrade Rd, Oakland, ME 04963, offers 56,271 square feet of versatile space on a substantial 10.74-acre lot. Built in 1980 and extensively renovated in 2009, this single-story building boasts a 24-27 foot clear ceiling height, ideal for various industrial and distribution needs. The property features four loading docks and three drive-in doors, ensuring efficient loading and unloading operations. Power is supplied by a robust 3-phase, 2-service entrance system with 800 AMP and 400 AMP capacity. The property is situated in Kennebec County (APN: Map 11, Lot 046) and is currently configured as a single suite, although it is suitable for multiple tenants. This prime location offers easy access to major transportation routes, making it an attractive option for businesses seeking a high-quality, functional warehouse space in a strategic location. The property's size and features make it suitable for a wide range of industrial and distribution operations. Currently, 40,000 square feet is available for lease.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10.74 ac (467,834 SF)
Zoning code NEIGHB
APN OAKL M:011 L:046
UPID US42-0103121
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.44M
Owner & transaction history
E23 LLC · 2 yrs held
E23 LLC
since 2023
Last sale
$3.5M
4 recorded transactions
2024
Price N/A
2023
$3.5M
2021
Price N/A
2016
Price N/A
Zoning & alternative use
NEIGHB · Oakland, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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