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Property profile & analytics
FOR SALE
Self storage facilities

550 Beach Rd Lincolnville, ME 04849

37,145 SF 9 ac lot Built 1996
Property ID
US42-0053571
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Self storage facilities
Year built 1996
Total area 37,145 SF
Lot 9 ac (392,040 SF)
UPID US42-0053571
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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