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    600 Roundwood Dr Scarborough, ME 04074

    Sponsored
    For Lease
    $16 SF/Yr ($15,488 /Mo)

    11,616 SF Office, Showroom, or Retail

    Lot size:
    11,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,616 square foot commercial property, located in Scarborough's Greater Portland submarket, presents a unique opportunity for a variety of businesses. Situated on a 2.12-acre lot, this single-tenant building offers ample space for office, showroom, or retail use. Built in 1988, the property boasts a traditional office layout adaptable to executive or creative office needs. The building features 101 dedicated parking spaces, ensuring convenient access for employees and clients. High-visibility signage along Payne Road, a thoroughfare with 9,130 cars per day, provides excellent exposure for your business. The property is zoned B-2 and offers robust power capabilities with 3-phase, 400-amp service. The entire 11,616 square feet is currently vacant and immediately available for lease. The lease rate is $16.00 per square foot, NNN. The property's APN is Map R38, Lot 1109, within Cumberland County. This prime location in the Scarborough submarket offers a strategic advantage for businesses seeking a prominent presence in the Greater Portland area. The property's size, parking, and visibility make it an ideal choice for a company seeking to establish or expand its operations.

    Property Features for 600 Roundwood Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,616 SF
    Total Rate
    15488

    Building Details

    Year Built
    1988

    Unit(s) available at that property

    Space
    Size
    11,616 SF
    Rate per SF
    $16

    HighLights

    • 11,616 square feet of retail, office space available for lease.
    • 101 dedicated parking spaces on‑site.
    • Immediately available.
    • High visibility signage on Payne Road with 9,130 cars per day.
    • Lease rate: $16.00/SF NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jewelry Judge Trophy Shop Pierce Furniture Furniture Store Sabrina Palumbos Pharmacy Gregory Paramantgis Pharmacy Timothy Keller Pharmacy

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.355020765592
    Latitude
    43.620035989755

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    FAQs

    What type of property is this?
    Office space - 11,616 SF Office, Showroom, or Retail
    Where is this office space located?
    The property is located at 600 Roundwood Dr Scarborough, ME.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 11,616 square feet of retail, office space available for lease.; 101 dedicated parking spaces on-site.; Immediately available.
    Request Owner's contact information
    600 Roundwood Dr Scarborough, ME 04074
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    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
    600 Roundwood Dr Scarborough, ME 04074
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