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    1 Davis Farm Rd Portland, ME 04103

    For Lease
    $9 SF/Yr

    48,897 SF Office/Flex Space, 177+ Parking

    Lot size:
    48,897 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 48,897± square foot office/flex building in Portland, Maine presents a unique opportunity for businesses seeking a versatile and strategically located space. Situated at 1 Davis Farm Rd, 04103, this single-tenant property boasts a flexible layout, ideal for a variety of uses. The building currently offers a large, open floor plan (24,000 square feet) that can be subdivided to accommodate specific needs. The landlord has prepared the space to shell condition, allowing for complete customization and tenant improvements to suit individual requirements. Interested parties should inquire about the possibility of adding dock-height and/or drive-in doors to further enhance functionality. This property uniquely blends office and industrial space, making it an attractive option for companies requiring both. Ample parking is provided with 177± dedicated spaces. The building's convenient location just off Washington Avenue, near Maine Turnpike (I-95) Exit 52, and minutes from Downtown Portland, ensures easy access to major transportation routes and the city's amenities. The property is zoned IM - Industrial Moderate Impact within the Greater Portland submarket of Cumberland County. This is a rare opportunity to secure a substantial, adaptable space in a highly desirable location.

    Property Features for 1 Davis Farm Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    48,897 SF

    Unit(s) available at that property

    Space
    Size
    48,897 SF
    Rate per SF
    $9

    HighLights

    • 48,897± SF office/flex building in Portland, ME.
    • Located at 1 Davis Farm Rd, 04103, a single‑tenant property with a flexible layout.
    • Features a 24,000 SF open floor plan, easily subdivided; delivered in shell condition for tenant improvements.
    • Ample parking (177± spaces) and convenient access to I‑95 (Exit 52) and Downtown Portland.
    • IM (Industrial Moderate Impact) zoning in Cumberland County's Greater Portland submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New England Telephone Telephone Company City Land towing Towing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3041268
    Latitude
    43.7173627

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    FAQs

    What type of property is this?
    Office Property / Space - 48,897 SF Office/Flex Space, 177+ Parking
    Where is this office property / space located?
    The property is located at 1 Davis Farm Rd Portland, ME.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 48,897± SF office/flex building in Portland, ME.; Located at 1 Davis Farm Rd, 04103, a single-tenant property with a flexible layout.; Features a 24,000 SF open floor plan, easily subdivided; delivered in shell condition for tenant improvements.
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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 Davis Farm Rd Portland, ME 04103
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