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    106 Innovation Way Scarborough, ME

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    For Lease
    $15 SF/Yr

    Flex space with loading docks and drive-in bays for lease.

    Property size:
    40,000 SF
    Lot size:
    1.68 Acres

    Property Features for 106 Innovation Way

    General Information

    Size
    40,000 SF
    Lot size
    1.68 Acres

    Source: Porta & Company Agent Charles W. Day

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

    Overview

    Scarborough Downs Flex Space Opportunity

    This flex space opportunity at Scarborough Downs offers units ranging from 10,000 to 22,000 square feet, built to suit and already permitted and approved. The property is equipped with loading docks and drive-in bays. A turn-key build-out is available, and a tenant improvement allowance will be provided. The lease rate is $15.00 per square foot on a NNN basis.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Hair Salon Gym & Fitness Accounting Firm Storage Facility Garden Center Electronics Store

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

    Similar Places Nearby

    Cargo Pizza Company

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3976368
    Latitude
    43.6083314

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    FAQs

    What type of property is this?
    Flex space - Flex space with loading docks and drive-in bays for lease.
    Where is this flex space located?
    The property is located at 106 Innovation Way Scarborough, ME.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - 22,000± SF build to suit opportunity in Scarborough Downs that is permitted & approved; - 10,000± SF available; - Equipped with loading docks and drive in bays
    (207) 838-3335
    Request Owner's contact information
    106 Innovation Way Scarborough, ME
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    Scarborough, ME
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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
    106 Innovation Way Scarborough, ME
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