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    16 Pineland Dr New Gloucester, ME 04260

    Sponsored
    For Lease
    $16 SF/Yr ($12,666 /Mo)

    9,500 SF Class A Office in New Gloucester, ME

    Lot size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,500 square foot Class A office space is available for lease in the prestigious Pineland Center, located at 16 Pineland Drive, New Gloucester, Maine, 04260. The property, situated on a substantial 224 acres (APN: Map 4, Lot 5, Cumberland County), offers a single-tenant occupancy opportunity within a thriving mixed-use office park. The building, constructed in 1911 and boasting a Pineland Development District zoning designation, provides a unique blend of history and modern functionality. The space is ideal for a variety of businesses, from traditional office setups to executive suites and creative office environments. The entire 9,500 square feet is currently vacant and ready for immediate occupancy. The property's location in New Gloucester, Maine, offers easy access to major transportation routes and amenities. This is a rare opportunity to secure a significant footprint in a highly sought-after location within a community that supports a diverse range of for-profit and non-profit businesses, research facilities, and educational institutions. The property's size and location make it suitable for a wide range of businesses seeking a prestigious and functional workspace. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 16 Pineland Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,500 SF
    Class
    A
    Total Rate
    12666.67

    Building Details

    Year Built
    1911

    Unit(s) available at that property

    Space
    Size
    9,500 SF
    Rate per SF
    $16

    HighLights

    • 9,500 SF Class A office space available for lease in Pineland Center, New Gloucester, ME.
    • Located 30 minutes from Portland and 15 minutes from Lewiston/Auburn.
    • Single‑tenant occupancy in a 19‑building campus totaling 258,000 SF on a 224‑acre parcel.
    • Immediate occupancy; non‑divisible space.
    • Lease rate: $16.00/SF MG.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conference Center Event Venue

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Hotel & Motel Gym & Fitness Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    New Gloucester
    County
    Cumberland
    State
    Maine
    Longitude
    -70.2552623
    Latitude
    43.9015507

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    Nearby Similar for Lease

    • $14 SF/Yr
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      Prestigious Maine Office Space

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    FAQs

    What type of property is this?
    Office space - 9,500 SF Class A Office in New Gloucester, ME
    Where is this office space located?
    The property is located at 16 Pineland Dr New Gloucester, ME.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 9,500 SF Class A office space available for lease in Pineland Center, New Gloucester, ME.; Located 30 minutes from Portland and 15 minutes from Lewiston/Auburn.; Single-tenant occupancy in a 19-building campus totaling 258,000 SF on a 224-acre parcel.
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    16 Pineland Dr New Gloucester, ME 04260
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    New Gloucester, ME 04260
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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
    16 Pineland Dr New Gloucester, ME 04260
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