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    550 Beach Rd Lincolnville, ME 04849
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    550 Beach Rd, Lincolnville, ME 04849

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    • Self storage facilities
    • 37,145 SF
    • 9.00 lot acres
    For Sale
    $3,600,000
    View Listing →
    Lincolnville Storage Facility for Sale For Sale
    $3,600,000
    36,995 SF

    Lincolnville Storage Facility for Sale

    Storage facility with climate-controlled and non-climate-controlled units for sale.

    550 Beach Rd, Lincolnville, ME 4849
    View Listing
    Property ID
    US42-0053571
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Self storage facilities

    Property Details for 550 Beach Rd

    Year built
    1996
    Lot size
    9.00 lot acres
    Property type
    Self storage facilities

    Description

    This exceptional turnkey self-storage facility, located at 550 Beach Road in Lincolnville, Maine, presents a compelling investment opportunity. The property encompasses 37,145 square feet across seven single-story buildings situated on a spacious 9-acre lot. Built in 1996 and renovated in 2020, the facility boasts 270 units, offering a mix of 25 climate-controlled and 245 non-climate-controlled storage options. Its prime location provides excellent visibility and road frontage, enhanced by prominent signage. The property enjoys a stabilized income stream, presenting significant potential for future growth. Financial projections indicate a 7.4% capitalization rate based on current income and expenses. The property's strong performance, combined with its desirable location and substantial size, makes it an attractive acquisition for investors seeking a stable, high-yield asset in the thriving Maine coastal market. Detailed financial statements are available upon request. The property is zoned for self-storage and offers ample space for potential expansion or additional development. This is a rare opportunity to acquire a well-maintained, high-performing self-storage facility in a sought-after location. The property's strong cash flow and growth potential make it an ideal addition to any investment portfolio. The 04849 zip code offers a desirable coastal Maine location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnville
    County
    Waldo
    State
    Maine
    Longitude
    -69.0518712
    Latitude
    44.2843665

    Comparable in this City

    • Contact for pricing

      Lincolnville Storage Facility for Sale

      Storage facility with climate-controlled and non-climate-controlled units for sale.
      550 Beach Rd, Lincolnville, ME 04849
      View Details
    • $650,000
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      Lincolnville Mixed-Use Live/Work Opportunity

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      Lincolnville Hillside Lot For Sale

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      Northport Cleared House Lot

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      Northport, ME - 30.5 Acres

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      Lincolnville Center Corner Lot Opportunity

      Corner lot with existing building in Lincolnville center.
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    Similar Nearby for Sale

    • Contact for pricing

      Lincolnville Storage Facility for Sale

      Storage facility with climate-controlled and non-climate-controlled units for sale.
      550 Beach Rd, Lincolnville, ME 04849
      View Details
    • $650,000
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      Lincolnville Mixed-Use Live/Work Opportunity

      Convertible live/work property with workshop, garage, and pole barn.
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    • $450,000
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      Lincolnville Hillside Lot For Sale

      25-acre lot with potential ocean views and underground electric.
      2030 Atlantic Hwy, Lincolnville, ME 04849
      View Details
    • $39,900
      1.20 Acres

      Northport Cleared House Lot

      1.2 acre cleared house lot near Belfast, Maine.
      Cheri Ln, Northport, ME 04849
      View Details
    • $250,000
      30.50 Acres

      Northport, ME - 30.5 Acres

      30.5-acre woodland sanctuary near Knights Pond and Belfast.
      237 Knights Pond Rd, Northport, ME 04849
      View Details
    • Contact for pricing
      Pending

      Lincolnville Center Corner Lot Opportunity

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      View Details
    View Listing
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    Lincolnville, ME 04849
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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