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    40 Sokokis Trl Waterboro, ME 04030

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    For Lease
    Contact for pricing

    Prime Office Space, 2300 sq ft Available

    Lot size:
    2,300 SF

    Property Features for 40 Sokokis Trl

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,300 SF
    Total Rate
    4791.67

    Spaces For Lease

    at 40 Sokokis Trl, Waterboro, ME 04030 Contact us
    Unit Available Space

    $25 /Mo

    Size
    2,300 SF
    Contact us

    We can help!

    Listing Contact
    Caitlin Burke
    Caitlin Burke

    Listing Agency: The Boulos Company Listing Agent: Caitlin Burke

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

    Learn more

    Overview

    This exceptional 2,300 square foot executive office space is available for lease at 40 Sokokis Trail in Waterboro, Maine, zip code 04030. The property is zoned Village District and offers a single, large space ideal for a variety of businesses. The entire building, totaling 2,300 square feet, is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space. The property type is classified as both Retail and Office, making it suitable for a range of uses within the permitted zoning regulations. The building's location in Waterboro, Maine provides convenient access to local amenities and transportation routes. This is a multi-tenant building, although the entire space is currently available for lease. Interested parties are encouraged to inquire about lease terms and conditions. The property is situated at 43.5729691 latitude and -70.6840983 longitude. This presents a rare chance to secure a substantial, fully vacant office space in a desirable location. The space is ready for immediate occupancy and customization to meet the specific needs of the tenant. Further details regarding lease terms and conditions are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dunkin' Cafe & Coffee Shop

    Suggested Use

    Restaurant Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy Auto Parts Store Nail Salon Skin Care Clinic HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Waterboro
    County
    York
    State
    Maine
    Longitude
    -70.6840983
    Latitude
    43.5729691

    Nearby Similar for Lease

    • $25 SF/Yr
      3,250 SF

      Waterboro Retail/Office Build-to-Suit Opportunity

      Up to 30,000 SF available for retail or office.
      8 Dunkin Run, East Waterboro, ME
      View Details

    FAQs

    What type of property is this?
    Office property - Prime Office Space, 2300 sq ft Available
    Where is this office property located?
    The property is located at 40 Sokokis Trl Waterboro, ME.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 2,300 SF of retail/office space available for lease in Waterboro, ME.; Strong co-tenancy including Dunkin', Dollar General, Subway, Associated Eye Care, and Partner's Bank.; Up to 2,300 SF build-to-suit retail or office space available.
    (603) 427-1333 Call to check price and availability
    Request Owner's contact information
    40 Sokokis Trl Waterboro, ME 04030
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    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
    40 Sokokis Trl Waterboro, ME 04030
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Caitlin Burke
    Caitlin Burke
    Real Estate License ID: 071626
    (603) 427-1333 (978) 302-8197 (603) 570-2680
    Learn more
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