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    1 Madison St South Portland, ME 04106

    Sponsored
    For Lease
    $10 SF/Yr
    Lot size:
    39,860 SF
    Added:
    Dec 11, 2024
    Days on Market:
    393

    Property Features for 1 Madison St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,860 SF
    Total Rate
    33216.67

    Unit(s) available at that property

    Space
    Warehouse Space
    Size
    31,630 SF
    Rate per SF
    $10
    Space
    2nd Floor Office
    Size
    2,725 SF
    Rate per SF
    $15

    HighLights

    • High‑bay warehouse space.
    • Ideal for warehouse, manufacturing, or storage uses.
    • Private office with restroom and kitchenette.
    • One‑acre paved lot.
    • Excellent condition; ready for immediate occupancy.
    • Professionally managed building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.23393947
    Latitude
    43.65028882

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    FAQs

    Where is this distribution property located?
    The property is located at 1 Madison St South Portland, ME.
    What is the lease rate?
    The lease rate is $10-$15 SF/Yr.
    What are key features of this property?
    This property features: High-bay warehouse space.; Ideal for warehouse, manufacturing, or storage uses.; Private office with restroom and kitchenette.
    Request Owner's contact information
    1 Madison St 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
    1 Madison St South Portland, ME 04106
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