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    707 Sable Oaks Dr South Portland, ME 04106

    For Lease
    $21 SF/Yr

    Class A office suites, South Portland, ME.

    Lot size:
    66,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office building, located at 707 Sable Oaks Drive in South Portland, Maine (zip code 04106), offers a variety of flexible spaces ideal for businesses of all sizes. The single, four-story building boasts 66,000 square feet of total space, with suites ranging from a minimum of 2,001 square feet to a maximum contiguous space of 8,982 square feet. Multiple tenancy options are available. Situated on a 4.89-acre lot, the property features 233 parking spaces, passenger elevators, and is conveniently located near Running Hill Road. Built in 1992, this building maintains its Energy Star label since 2012, signifying cost-effective operation and an environmentally conscious design. The property is zoned CS - Suburban Commercial (APN: Map 69, Lot 9) and is part of the Greater Portland submarket. High-quality finishes are featured throughout. This is a fantastic opportunity for businesses seeking a prestigious and efficient workspace in a desirable location.

    Property Features for 707 Sable Oaks Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,000 SF
    Class
    A
    Total Rate
    115500

    Building Details

    Year Built
    1992
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 10
    Size
    3,924 SF
    Rate per SF
    $21
    Space
    Suite 40
    Size
    4,334 SF
    Rate per SF
    $21
    Space
    Suite 100
    Size
    8,982 SF
    Rate per SF
    $23
    Space
    Suite 330
    Size
    2,001 SF
    Rate per SF
    $23
    Space
    Suite 350
    Size
    3,731 SF
    Rate per SF
    $23
    Space
    Suite 370
    Size
    3,139 SF
    Rate per SF
    $23
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Building Supply Law Firm Auto Repair Shop Restaurant Hair Salon Wholesale Shop Nail Salon Storage Facility Spa & Massage

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

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.340653708295
    Latitude
    43.641681334541

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    FAQs

    What type of property is this?
    Office space - Class A office suites, South Portland, ME.
    Where is this office space located?
    The property is located at 707 Sable Oaks Dr South Portland, ME.
    What is the lease rate?
    The lease rate is $21-$23 SF/Yr.
    Request Owner's contact information
    707 Sable Oaks Dr South Portland, ME 04106
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    South Portland, ME 04106
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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
    707 Sable Oaks Dr South Portland, ME 04106
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