Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    14 Phillips Spring Road Saco, ME

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    30,195± SF high bay warehouse space for sublease.

    Type:INDUSTRIAL
    Property size:
    30,195 SF
    Lot size:
    6.32 Acres
    Added:
    Nov 21, 2025
    Days on Market:
    132
    Last Refresh:
    Mar 29 at 10:33 pm

    Property Features for 14 Phillips Spring Road

    General Information

    Standard status
    Active
    Size
    30,195 SF
    Lot size
    6.32 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 14 Phillips Spring Road Contact us

    We can help!

    Listing Contact
    Samuel LeGeyt, SIOR

    Listing agent Samuel LeGeyt, SIOR

    Listing office The Dunham Group

    Listing date Nov 21, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of The Dunham Group

    Overview

    High Bay Warehouse Space Available

    This property offers 30,195± SF of high bay warehouse and storage space available for sublease. The location provides convenient access in Southern Maine, situated less than 2 miles from Exit 36 (I-95) and less than 1 mile from U.S. Route One.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Prime Storage — 28 industrial park rd, saco, me 04072
    • Tab Office Systems — 30 Spring Hill Rd, Saco, ME 04072

    Location Insight

    • Map
    • Local Demand
    City
    Saco
    County
    York
    State
    Maine
    Longitude
    -70.4428
    Latitude
    43.5009

    Nearby Similar for Lease

    • $13/mo

      Saco Medical Office Suite

      10,000± SF medical office suite for rent.
      655 Main St, Saco, ME
      View Details
    • Contact for pricing

      Saco Riverfront Office/Warehouse Building

      Turn-key office/warehouse near Maine Turnpike and walkable to downtowns.
      44 Lincoln St, Saco, ME
      View Details
    • Contact for pricing

      New Build-to-Suit Saco Warehouse

      Customizable warehouse space in Saco's prime industrial zone.
      4 Lehner Rd, Saco, ME
      View Details
    • $18/mo

      Downtown Saco Office Space Available

      Office/studio space for rent in downtown Saco.
      209 Main Street, Saco, ME
      View Details
    • $25/mo

      Retail/Athletic Space in Saco

      1,508± SF retail/athletic space in a sports medicine complex.
      15 Lund Rd, Saco, ME
      View Details
    • Contact for pricing

      Industrial Build-to-Suit Opportunity, Saco

      63,000± SF build-to-suit industrial building on US Route 1.
      1016 Portland Rd, Saco, ME
      View Details
    • Contact for pricing

      Industrial Build-to-Suit Opportunity

      Industrial build-to-suit opportunity in Saco, Maine, near I-95.
      955 Portland Rd, Saco, ME
      View Details
    • Contact for pricing

      Retail Space on Main Street

      Single tenant retail space available for rent.
      507 Main St, Saco, ME 04072
      View Details
    • $13/mo

      Saco Flex Space For Lease

      Flex space suitable for office or medical office use.
      42 Industrial Park Rd, Saco, ME
      View Details
    • Contact for pricing

      Retail/Athletic Space in Saco

      Retail/athletic space in OA Sports Center complex, accessible from I-195.
      15 Lund Rd, Saco, ME 04072
      View Details
    • Contact for pricing

      Prime Retail Building on Corner

      Stand-alone retail building for lease in Saco's commercial corridor.
      70 Elm St, Saco, ME 04072
      View Details
    • Contact for pricing

      Saco Flex Space Available

      Flex space suitable for office or medical office use.
      42 Industrial Park Rd, Saco, ME 04072
      View Details

    FAQs

    What type of property is this?
    Warehouse - 30,195± SF high bay warehouse space for sublease.
    Where is this warehouse located?
    The property is located at 14 Phillips Spring Road Saco, ME.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 30,195± SF of high bay warehouse and storage space; Convenient Southern Maine location; Less than 2‑miles from Exit 36 (I‑95)
    (207) 773-7100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Samuel LeGeyt, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!