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    Property profile & analytics

    605 Central Dr Presque Isle, ME 04769-2044

    • Industrial properties
    • 3,600 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US42-0183062
    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.

    Current Use by Public Records

    • Six05 / Physical Fitness Program
    • CrossFit Presque Isle / Physical Fitness Program / Gym

    Property Details for 605 Central Dr

    Year built
    1984
    Lot size
    0.77 lot acres
    Property size
    3,600 SF
    Zone code
    INDUST
    Property type
    Industrial properties
    APN
    PREE M:042 B:035 L:605
    APU
    PREEM042B035L605

    Description

    This 3,600 square foot warehouse, located at 605 Central Drive in Presque Isle, Maine (zip code 04769), is offered for sale at $350,000. The property is situated within Aroostook County's thriving business sector, offering excellent accessibility and visibility. The building features high ceilings, perfect for various industrial uses. A finished office space is already in place, complete with a reception area and a full bathroom on the second floor. This versatile space presents a blank canvas for customization, allowing for the addition of extra garage doors to further enhance functionality. The asking price translates to $97.22 per square foot. This property represents a significant opportunity for entrepreneurs and businesses seeking a well-located, adaptable warehouse space in a growing Maine community. The property is being sold directly by the owner, offering a streamlined transaction process. This is a rare opportunity to acquire a functional and adaptable warehouse in a prime location. Don't miss out on this chance to establish your business in a dynamic and convenient setting.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $365,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $485,000
      Mixed-Use
      $485,000
      Hospitality
      $445,000
      Educational
      $455,000
      Residential Income
      $485,000
      Energy
      $465,000
      Income-Based Land
      $495,000
      Food Service
      $410,000

    Location Insight

    • Map
    • Local Demand
    City
    Presque Isle
    County
    Aroostook
    State
    Maine
    Longitude
    -68.0322
    Latitude
    46.6911

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,531
    $23,500
    $189,200
    $212,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      INDUSTRIAL (GENERAL) • 60.00 Acres
      95 Reach Rd, Presque Isle, ME 04769
      View Details
    • Value Estimation
      $305,000
      2.50 Acres

      1455 Central Dr

      INDUSTRIAL (GENERAL) • 2.50 Acres
      1455 Central Dr, Presque Isle, ME 04769-2057
      View Details
    • Value Estimation
      $525,000
      26,580 SF

      75 Davis St

      INDUSTRIAL (GENERAL) • 26,580 SF
      75 Davis St, Presque Isle, ME 04769-2255
      View Details
    • Value Estimation
      $270,000
      0.40 Acres

      55 Industrial St

      INDUSTRIAL (GENERAL) • 0.40 Acres
      55 Industrial St, Presque Isle, ME 04769-2538
      View Details
    • Value Estimation
      $315,000
      3.07 Acres

      4 Ryan St

      INDUSTRIAL (GENERAL) • 3.07 Acres
      4 Ryan St, Presque Isle, ME 04769-2868
      View Details

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    Presque Isle, ME 04769-2044
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    Realmo Value Estimation

    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.

    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.

    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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