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    973 Forest Ave Portland, ME 04103

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    For Lease
    $14 SF/Yr ($3,500 /Mo)

    3,000 SF office space suitable for professional services.

    Property size:
    3,000 SF
    Lot size:
    0.44 Acres

    Property Features for 973 Forest Ave

    General Information

    Size
    3,000 SF
    Lot size
    0.44 Acres

    Source: Porta & Company Agent Emmett L. Peoples

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

    Overview

    Portland Office Space For Lease

    This property offers approximately 3,000 square feet of office space suitable for a range of professional services, creative firms, or administrative offices. The location provides high visibility with exposure to an estimated 18,920 vehicles daily, according to MDOT. Situated approximately 2.3 miles, or an 8-minute drive, from Downtown Portland, the property is available for lease at a rate of $14.00 per square foot on a NNN basis.
    Location Intelligence

    Current Use by Public Records

    Canine Kinship Maine Dog Trainer 207 Houses Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2892596
    Latitude
    43.6809121

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    FAQs

    What type of property is this?
    Office space - 3,000 SF office space suitable for professional services.
    Where is this office space located?
    The property is located at 973 Forest Ave Portland, ME.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location with exposure to 18,920± vehicles daily.; - 3,000± SF of office space suitable for various professional uses.; - Conveniently located 2.3 miles (8 minutes) from Downtown Portland.
    (207) 400-4939
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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
    973 Forest Ave Portland, ME 04103
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