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Financial
Distress signals
Property profile

586 Lewiston Junction Rd Auburn, ME 04210

FOR LEASE
Other industrial properties
Property ID
US42-0015695
120,339 SF 72.67 ac lot Built 1995
Last sale Jul 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial warehouse facility with access to a rail spur located south of the building. The warehouse is served by 10 loading docks and seven (7) overhead doors, and it is configured to support door-based distribution and loading operations across multiple possible suite sizes. The site includes more than 30 acres of industrial-zoned land with frontage along LJR and Cascades Drive, providing land within the industrial zoning framework for continued industrial development or expansion of operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$68k
Tax billed · 2023
Assessed value$2.99M
Assessed land$366k
Assessed improvement$2.63M
Effective rate2.28%

Value estimate

· Oct 2026
$1.66M
$1.49M – $1.83M
AI approach$1.10M
Submarket $/SF estimate$2.23M
NOI build-up
Gross scheduled income$6.39M
Vacancy & credit loss−$159k
Operating expenses−$935k
NOI · 105,984,780.00% cap applied$5.30M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
105,984,780.00%
$5.30M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionAUBURN

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service8.7
Storage Facility8.3
Furniture Store8.2

Location

586 Lewiston Junction Rd Auburn, ME 04210
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
80 Kittyhawk, Auburn, ME 04210-8309 $1,629,600 Nov 2023 28,667 SF
59 Mystique, Auburn, ME 04210-3721 $600,000 Jul 2023 11,424 SF
358 Washington N, Auburn, ME 04210-4823 $425,000 Apr 2023 6,375 SF
416 Lewiston Jct, Auburn, ME 04210-9092 $2,400,000 May 2022 27,206 SF
234 1st Flight, Auburn, ME 04210-9056 $1,275,000 Apr 2022 12,000 SF
143 1st Flight, Auburn, ME 04210-9051 $617,000 Mar 2022 4,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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