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    175 Running Hill Rd South Portland, ME 04106

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    For Lease
    $13 SF/Yr ($5,226 /Mo)

    Class A office/medical building with suites available for lease.

    Property size:
    4,646 SF
    Lot size:
    13.09 Acres

    Property Features for 175 Running Hill Rd

    General Information

    Size
    4,646 SF
    Lot size
    13.09 Acres

    Source: The Dunham Group Agent Katie Breggia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office/Medical Building

    Located in South Portland, 175 Running Hill Road is a three-story Class A office/medical building offering 69,726 square feet of space. Situated on 13.09 acres, the property features ample paved parking. Office suites are available, ranging in size from 4,646 to 8,542 square feet. The building's location provides easy access to the Maine Turnpike/I-95, I-295, and the Portland International Jetport, as well as nearby hotels and restaurants. The property is professionally managed, and the landlord is prepared to perform renovations based on a tenant's requirements, making it suitable for numerous office users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Building Supply Auto Repair Shop Hair Salon Restaurant Nail Salon Gym & Fitness Wholesale Shop Spa & Massage

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3480194
    Latitude
    43.6380958

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    FAQs

    What type of property is this?
    Office building - Class A office/medical building with suites available for lease.
    Where is this office building located?
    The property is located at 175 Running Hill Rd South Portland, ME.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Class A office/medical building with suites available, ranging from 4,646 to 8,542± SF.; - Central location with easy access to Maine Turnpike/I-95 and I-295.; - Conveniently located near Portland International Jetport, hotels, and restaurants.
    (207) 408-4199
    Request Owner's contact information
    175 Running Hill Rd South Portland, ME 04106
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    South Portland, ME 04106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    175 Running Hill Rd South Portland, ME 04106
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