482 Payne Road, Scarborough, ME 04074
38,784 square foot office building in Scarborough, Maine.
- Added:
- Apr 12, 2019
- Days on Market:
- 2644
- Last Refresh:
- Jul 5 at 3:33 pm
Property Features for 482 Payne Road
General Information
- Standard status
- Active
- Size
- 38,784 SF
- Property subtype
- Office
Building Details
- Year Built
- 1987
Listing office Malone Commercial Brokers
Listing date Apr 12, 2019
Source Crexi
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 Malone Commercial Brokers
HighLights
- 38,784 square foot office building
- Located in Scarborough, Maine
- Built in 1987
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $847.0k | $21.84 |
| − Vacancy | −$106.7k | −$2.75 |
| EGI | $740.3k | $19.09 |
| − OpEx | −$185.1k | −$4.77 |
| NOI | $555.2k | $14.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scarborough
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3467856
- Latitude
- 43.6275396
