116 WALLACE AV
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Location
116 WALLACE AV
Mblu
079/A / 002/E /
Owner
JNJ INVESTMENT CORPORATION
Total Market Value
$8,197,900
PID
9311
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
0$6,170,800$2,027,100$8,197,900

Owner of Record
OwnerJNJ INVESTMENT CORPORATION
Co-Owner
Address116 WALLACE AVE
SOUTH PORTLAND, ME 04106-6144
Sale Price$0
Certificate
Book & Page 07727/0131
Sale Date12/01/1986

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
JNJ INVESTMENT CORPORATION$0 07727/013112/01/1986

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 145,047
Replacement Cost: $10,841,153
Building Percent Good: 54
Replacement Cost
Less Depreciation:
$5,854,200
Building Attributes
FieldDescription
Style:Light Indust
ModelIndustrial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Aluminum Sidng
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelOil
Heating TypeForced Air-Duc
AC TypeNone
Bldg UseCOMM WHSE MDL-96
Total Rooms 
Total Bedrms00
Total Baths2
1st Floor Use:3163
Heat/ACNONE
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 130,025 130,025
AOFOffice, (Average) 15,022 15,022
USTUtility, Storage, Unfinished 874 0
   145,921 145,047

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
CLR1COOLER1600.00 S.F.$18,9001
SPR1SPRINKLER WET/106623.00 S.F.$76,6001
SPR2SPRINKLER WET/15022.00 S.F.$13,1001
A/CCOMM A/C15022.00 UNITS$17,8001
LDL1LOAD LEVELERS23.00 UNITS$39,4001
SPR2SPRINKLER WET/23100.00 S.F.$20,2001
CLR1COOLER5893.00 S.F.$69,5001
SOLSOLAR PANEL1064.00 UNITS$01
SPR1SPRINKLER WET/0.00 S.F.$01

Land
Land Use
Use Code3163
DescriptionCOMM WHSE MDL-96  
NeighborhoodZ
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)10.59
Frontage0
Depth0
Total Market Land$2,027,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING ASPHALT  80000.00 S.F.$58,8001
LT1LIGHTS INCANDE  2.00 UNITS$9001
LT2DBL INC LIGHTS  2.00 UNITS$1,4001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$6,170,800$2,027,100$8,197,900
2024$6,170,800$2,027,100$8,197,900
2023$5,294,400$1,930,000$7,224,400

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