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    1 Science Park Rd Scarborough, ME 04074

    Sponsored
    For Lease
    $12 SF/Yr

    Scarborough, ME medical suites available

    Lot size:
    34,457 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A, four-story medical office building, totaling 34,457 square feet, is situated on a 2.7-acre lot in Scarborough, Maine. Built in 1980 and extensively renovated in 2018, the property offers two available suites: a 6,389 square foot space on the third floor and a 5,106 square foot space on a lower level. The building features ample on-site parking, high-power electrical service (1600 amp, 120/208 volt, 3-phase), and elevators. The minimum divisible space is 5,106 square feet, with a maximum contiguous space of 6,389 square feet. The building is zoned for Business Office Research (BOR) and boasts a convenient location near the Maine Turnpike/I-95, I-295, and the Maine Medical Scarborough Campus. The property's APN is Map R77, Lot 3B, in Cumberland County, Maine, zip code 04074. Currently, 11,495 square feet of space is vacant. This exceptional property presents a unique opportunity for medical practices seeking modern, well-equipped office space in a prime location.

    Property Features for 1 Science Park Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,457 SF
    Class
    A
    Total Rate
    34457

    Building Details

    Year Built/Renovated
    1980/2018
    Stories
    4

    Unit(s) available at that property

    Space
    Lower Lever
    Size
    5,106 SF
    Rate per SF
    $16
    Space
    3rd Floor Suite
    Size
    6,389 SF
    Rate per SF
    $16

    HighLights

    • Class A, 34,457 SF medical office building in Scarborough, ME.
    • Excellent signage potential on US Route One.
    • Convenient location adjacent to Scarborough Connector for I‑295 & I‑95.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3186926
    Latitude
    43.6076435

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    FAQs

    What type of property is this?
    Medical office - Scarborough, ME medical suites available
    Where is this medical office located?
    The property is located at 1 Science Park Rd Scarborough, ME.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Class A, 34,457 SF medical office building in Scarborough, ME.; Excellent signage potential on US Route One.; Convenient location adjacent to Scarborough Connector for I-295 & I-95.
    Request Owner's contact information
    1 Science Park Rd Scarborough, ME 04074
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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
    1 Science Park Rd Scarborough, ME 04074
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