Sable Oaks Development
505 Sable Oaks Dr, South Portland, ME 04106
For Sale
Contact for pricing
4.99 acre commercial development site in South Portland, Maine.
Property SizeContact for details
Lot Size4.99 Acres
Days on Market241
Property Features for 505 Sable Oaks Dr
General Information
Standard status
Lot size
Property subtype
Zoning
Listing Agency:
CORE
Listed By:
Clay Hardy · License ME SA930400
Source:
Crexi
Added: Mar 16
Changed: Nov 3
Last Checked: Nov 10 at 9:10AM
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 CORE
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Investment Insights
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This 4.99 acre commercial development opportunity is located within the Sable Oaks campus at 505 Sable Oaks Drive in South Portland, Maine. It offers a chance to develop an office, medical, or life science facility in a well-established business corridor. Conceptual plans are available for a three-story Class A building totaling up to 50,000 square feet, designed with approximately 225 parking spaces and strong visibility along Sable Oaks Drive. The parcel is zoned CS – Suburban Commercial, allowing for professional, medical, and institutional uses. The location is positioned minutes from I-95, I-295, the Maine Mall, and the Portland International Jetport, providing regional accessibility and benefiting from the surrounding Sable Oaks corporate campus environment. This offering is suited for a developer, owner-occupant, or institutional user to deliver a commercial project in a supply-constrained submarket.
Key Highlights
- Rare 4.99± acre commercial development opportunity in the established Sable Oaks business campus.
- Conceptual plans available for a three‑story, 50,000 SF Class A building with approximately 225 parking spaces.
- Zoned CS – Suburban Commercial, allowing for a range of professional, medical, and institutional uses.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
926
Businesses Nearby
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Business Placement
Demographics for 04106, ME
26,641
Population
12,849
Households
2.1
Avg Household Size
41
Median Age
49%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
2,184
Density / Sq Mi
$83,744
Median Household Income
$47,818
Median Earnings
$1,642
Median Rent
$403,500
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.99 acre commercial development site in South Portland, Maine.
Where is this commercial land located?
The property is located at 505 Sable Oaks Dr South Portland, ME.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Rare 4.99± acre commercial development opportunity in the established Sable Oaks business campus.; Conceptual plans available for a **three‑story, 50,000 SF Class A building with approximately 225 parking spaces**.; Zoned CS – Suburban Commercial, allowing for a range of professional, medical, and institutional uses.
