Technical
Financial
Distress signals
Property profile

611 Civic Center Dr Augusta, ME 04330

FOR LEASE
Turn key restaurants
Property ID
US42-0008251
1,718 SF 0.71 ac lot Built 1973
Entity Owned 14-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This commercial development site consists of approximately 0.80 to 1.94 acres and is laid out to allow for multiple development pads. It is located at the lighted intersection of Route 3 and Civic Center Drive, providing access from both roadways and exposure to high volumes of commuter traffic. The site is configured to support commercial uses such as drive-thru or quick-service restaurants, gas stations, convenience stores, and other retail or commercial development types, subject to applicable zoning and permitting. The property is positioned near MaineGeneral Medical Center, Central Maine Commerce Center, and I-95 exits 112 and 113.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Construction FRAME
Total area 1,718 SF
Lot 0.71 ac (31,000 SF)
APN AUGU M:00080 B:0009B L:00000
UPID US42-0008251

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

611 Civic Center Dr Augusta, ME 04330
Augusta metro Census 10200 AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2012
4 recorded transactions
2012
$125,000
2012
Price N/A
2011
Price N/A
2009
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message