Commercial

South Portland, ME Commercial Land for Sale

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Portland, ME Cape Elizabeth, ME Scarborough, ME New Portland, ME Falmouth, ME Westbrook, ME Gorham, ME Cumberland, ME
Sable Oaks Development Opportunity
Updated: Mar 16
Sable Oaks Development Opportunity

505 Sable Oaks Dr, South Portland, ME 04106

Contact for pricing
4.99 AC lot
Rare 4.99± acre commercial development opportunity in the established Sable Oaks business campus.
Conceptual plans available for a three‑story, 50,000 SF Class A building with approximately 225 parking spaces.
Zoned CS – Suburban Commercial, allowing for a range of professional, medical, and institutional uses.
Strategically located minutes from I‑95, I‑295, the Maine Mall, and the Portland International Jetport.
Strong visibility along Sable Oaks Drive.**
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Based on your search, we've compiled 59 Potential Opportunities for your consideration. Besides 1 Active listings in South Portland, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Commercial Land With Existing Duplex
Corner Commercial Land With Existing Duplex

84 County Road, Scarborough, ME 04074

$495,000
2,584 sqft 1.11 AC lot

Corner parcel with an existing two-story duplex, detached garage, and zoning supporting commercial and residential uses.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

18 County Road, Gorham, ME 04038

$270,000
4.00 AC lot

SGCC-zoned parcel with road frontage and level to gently rolling terrain.

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Commercial Land with Road Frontage
Commercial Land with Road Frontage

18 County Road, Gorham, ME 04038

$270,000

Level to gently rolling terrain with nearby utility access for commercial development planning.

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Scarborough Development Lots Available
Scarborough Development Lots Available

Science Park Road, Scarborough, ME 04074

Contact for pricing

Three development lots available near Maine Medical Campus.

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Off-Market Properties in South Portland, ME

Consider similar Off-Market properties in South Portland, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

77 1st St
VACANT COMMERCIAL LAND

77 1st St, South Portland, ME 04106-3712

Estimated value:
$980,000
0.10 AC lot
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57 1st St
VACANT COMMERCIAL LAND

57 1st St, South Portland, ME 04106-3712

Estimated value:
$830,000
0.13 AC lot
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43 1st St
VACANT COMMERCIAL LAND

43 1st St, South Portland, ME 04106-3712

Estimated value:
$1,055,000
0.21 AC lot
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73 1st St
VACANT COMMERCIAL LAND

73 1st St, South Portland, ME 04106-3712

Estimated value:
$750,000
0.12 AC lot
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115 Smt Ter
VACANT COMMERCIAL LAND

115 Smt Ter, South Portland, ME 04106-2274

Estimated value:
$335,000
2.14 AC lot
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305 Cummings Rd
VACANT COMMERCIAL LAND

305 Cummings Rd, South Portland, ME 04106-3227

Estimated value:
$490,000
4.14 AC lot
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11 C St
VACANT COMMERCIAL LAND

11 C St, South Portland, ME 04106

Estimated value:
$310,000
0.11 AC lot
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22 Gately St
VACANT COMMERCIAL LAND

22 Gately St, South Portland, ME 04106-2607

Estimated value:
$310,000
0.12 AC lot
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2290 Broadway
VACANT COMMERCIAL LAND

2290 Broadway, South Portland, ME 04106-3226

Estimated value:
$320,000
1.45 AC lot
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291 Maine Mall Rd
VACANT COMMERCIAL LAND

291 Maine Mall Rd, South Portland, ME 04106-3257

Estimated value:
$480,000
1.00 AC lot
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336 Cummings Rd
VACANT COMMERCIAL LAND

336 Cummings Rd, South Portland, ME 04106-3200

Estimated value:
$250,000
1,025 sqft 2.40 AC lot
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15 Long Crk Dr
VACANT COMMERCIAL LAND

15 Long Crk Dr, South Portland, ME 04106-2417

Estimated value:
$300,000
0.70 AC lot
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1515 Sable Oaks Dr
VACANT COMMERCIAL LAND

1515 Sable Oaks Dr, South Portland, ME 04106

Estimated value:
$390,000
10.02 AC lot
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565 Westbrook St
VACANT COMMERCIAL LAND

565 Westbrook St, South Portland, ME 04106-1909

Estimated value:
$550,000
5,600 sqft 0.23 AC lot
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395 Southborough Dr
VACANT COMMERCIAL LAND

395 Southborough Dr, South Portland, ME 04106

Estimated value:
$320,000
2.63 AC lot
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215 Sawyer St
VACANT COMMERCIAL LAND

215 Sawyer St, South Portland, ME 04106-2130

Estimated value:
$290,000
0.68 AC lot
View details
505 Sable Oaks Dr
VACANT COMMERCIAL LAND

505 Sable Oaks Dr, South Portland, ME 04106-3279

Estimated value:
$415,000
4.99 AC lot
View details
1400 Sable Oaks Dr
VACANT COMMERCIAL LAND

1400 Sable Oaks Dr, South Portland, ME 04106

Estimated value:
$345,000
5.09 AC lot
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1717 Sable Oaks Dr
VACANT COMMERCIAL LAND

1717 Sable Oaks Dr, South Portland, ME 04106

Estimated value:
$345,000
5.62 AC lot
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400 Sable Oaks Dr
VACANT COMMERCIAL LAND

400 Sable Oaks Dr, South Portland, ME 04106-3282

Estimated value:
$345,000
2.25 AC lot
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1111 Sable Oaks Dr
VACANT COMMERCIAL LAND

1111 Sable Oaks Dr, South Portland, ME 04106

Estimated value:
$345,000
4.60 AC lot
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1200 Sable Oaks Dr
VACANT COMMERCIAL LAND

1200 Sable Oaks Dr, South Portland, ME 04106

Estimated value:
$425,000
11.61 AC lot
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1000 Sable Oaks Dr
VACANT COMMERCIAL LAND

1000 Sable Oaks Dr, South Portland, ME 04106

Estimated value:
$350,000
4.92 AC lot
View details

South Portland, ME Commercial Land Market Trends and Statistics

Explore 55 commercial land for sale in South Portland, ME on our real estate platform. These investment opportunities span a total of 217,364 square feet of properties for sale.

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Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 1
Industrial land 1
Residential land & home lots 1

Demographics Overview

Population 27K
Population Growth (5Y) +4.4%
Median Household Income $83,744
College Educated 33.5%

Taxes & Financing

Tax Rate (average for all types) 1.41%
Property Tax per SF $23.17 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cumberland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cumberland County

Retail

Office

Residential Income

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