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Property profile & analytics
OFF-MARKET Estimated value $9,005,000
Industrial properties

765 Warren Ave Portland, ME 04103-1076

157,320 SF 15 ac lot Built 1988
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US42-0175242
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 765 Warren Ave in Portland, Maine (04103), offers a significant opportunity for businesses seeking high-bay warehouse space. The single-story building, constructed in 1988, boasts a total of 160,106 square feet, with 70,132 square feet currently available for lease. The space is divisible to a minimum of 70,132 square feet, making it suitable for a variety of distribution and warehousing needs. The property sits on a generous 15-acre lot and features a 29-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by five loading docks equipped with five dock-high doors, complemented by two drive-in doors for added convenience. Ample parking is available with 192 spaces. The warehouse benefits from robust 480A 480Y/277V power. The property is zoned IM and has an APN of 319/A/9. This is a multi-tenant building with two suites. This prime location in Portland, Maine offers excellent access to major transportation routes, making it an ideal distribution hub. The property's size, features, and location make it a highly desirable asset for businesses seeking efficient and spacious warehouse facilities. Don't miss this chance to secure a significant footprint in a thriving market.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1988
Total area 157,320 SF
Lot 15 ac (653,400 SF)
APN PTLD M:316 B:A003001
UPID US42-0175242
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
Current use
Occupant on record · Public records
  • American Tire Distributors Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.01M
Owner & transaction history
Warren Dev 2 LLC · 13 yrs held
Warren Dev 2 LLC
since 2013
2 recorded transactions
2013
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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