45 N E INDUSTRIAL RD
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Location
45 N E INDUSTRIAL RD
Mblu
H04/000 004/ 00003/ /
Acct#
000370
Owner
5 SPRING HILL DRIVE LLC
Total Market Value
$2,864,700
Appraisal
$4,092,200
PID
1137
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$3,385,400$706,800$4,092,200
Assessment
Valuation YearImprovementsLandTotal
2024$2,369,900$494,800$2,864,700

Owner of Record
Owner5 SPRING HILL DRIVE LLC
Co-Owner
Address342 US ROUTE 1

FALMOUTH, ME 04105
Sale Price$6,600,000
Certificate
Book & Page 1423/0304
Sale Date02/19/2026
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
5 SPRING HILL DRIVE LLC$6,600,000 1423/03040002/19/2026
BENEROFE BRANFORD THREE LLC &$7,000,000 1357/02021210/27/2022
NORTHEAST INDUSTRIAL SIX LLC$1,200,000 1053/02332502/03/2010
NEUROGEN PROPERTIES LLC$0 0687/0110 10/22/1999
JAFFE LIMITED PARTNERSHIP$0 0413/0716  

Building Information
Building 1 : Section 1
Year Built: 1950
Living Area: 55,274
Building Attributes
FieldDescription
Style:Whse/Office
ModelInd/Comm
GradeC +
Stories:1
Occupancy8.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall
Interior Wall 2Minim/Masonry
Interior Floor 1Carpet
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Heat/ACHEAT/AC PKGS
Frame TypeLT STEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
AOFOffice 28,496 28,496
BASFirst Floor 24,678 24,678
FUSUpper Story, Finished 2,100 2,100
CANCanopy 120 0
SLBSlab 50,678 0
   106,072 55,274

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET30244.00 S.F.$71,4001
SPR2WET/CONCEALED24980.00 S.F.$73,7001
A/CAIR CONDITION34496.00 S.F.$101,8001
LDL1LOAD LEVELERS1.00 UNITS$1,9001

Parcel Information
Use Code4020
DescriptionIND OFFICE MDL96  
Deeded Acres

Land
Land Use
Use Code4020
DescriptionIND OFFICE MDL96  
ZoneIG-2
Land Line Valuation
Size (Acres)2.72
Total Market Land$494,800
Appraised Value$706,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  23000.00 S.F.$28,8001
PAV2PAVING-CONC  2605.00 S.F.$4,6001
LT1LIGHTS-IN W/PL  6.00 UNITS$4,8001
LT2W/DOUBLE LIGHT  2.00 UNITS$2,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,385,400$706,800$4,092,200
2024$3,411,800$706,800$4,118,600
2023$2,206,200$366,300$2,572,500

Assessment
Valuation YearImprovementsLandTotal
2025$2,369,900$494,800$2,864,700
2024$2,388,400$494,800$2,883,200
2023$1,544,300$256,400$1,800,700

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