83 Farm Rd Bangor, ME 04401-6831
- Showrooms
- 2,912 SF
- 0.34 lot acres
Current Use by Public Records
- A-Copi / Commercial Printer / Professional Services
- Kinney Office Systems / Commercial Printer / Office Supply Store
- Visual Edge IT New England | Bangor | Maine / Computer Support And Services
Property Details for 83 Farm Rd
- Year built
- 1958
- Lot size
- 0.34 lot acres
- Property size
- 2,912 SF
- Zone code
- I&S
- Property type
- Showrooms
- APN
- BANG M:017 L:061-A
- APU
- BANGM017L061A
Description
This exceptional 3,000 square foot freestanding flex/office building presents a unique opportunity in Bangor, Maine. Situated on a 0.34-acre lot, this single-tenant property offers a versatile space ideal for a variety of businesses. Built in 1958 and renovated in 1993, the building is classified as Class B and features one story with 140 feet of frontage. The property includes a convenient drive-in bay, perfect for loading and unloading. The zoning is I&S (Industry and Service), allowing for a range of commercial uses. Ample on-site paved parking is available for employees and clients. Its strategic location provides easy access to Interstate 395 and is just minutes away from Maine Turnpike Exits 182A & 182B, ensuring excellent connectivity. The building's proximity to established businesses like Beal University, Bangor Pipe & Supply, and Wesco further enhances its appeal. The entire 3,000 square feet is currently vacant, offering immediate occupancy. The property's APN is 017/061A, located in Penobscot County. Lease rate is $12.00 per square foot, NNN. This property is an excellent investment opportunity for businesses seeking a well-located, functional space in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $365,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $400,000
- Mixed-Use
- $340,000
- Hospitality
- $330,000
- Educational
- $315,000
- Residential Income
- $340,000
- Energy
- $385,000
- Income-Based Land
- $365,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Bangor
- County
- Penobscot
- State
- Maine
- Longitude
- -68.7842
- Latitude
- 44.7861
- CBSA code
- 12620
- CBSA name
- BANGOR, ME METROPOLITAN STATISTICAL AREA