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    70 Gray Rd Falmouth, ME 04105

    Sponsored
    For Lease
    Contact for pricing

    Class A Office Space, 20,000+ SF Available

    Lot size:
    143,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    70 Gray Road in Falmouth, Maine presents a remarkable opportunity to lease premium office space. This Class A, three-story building, totaling 143,000 square feet, sits on an expansive 11.27-acre lot. Built in 2001 and extensively renovated in 2018, the property boasts modern, high-end finishes throughout. The building offers flexible space options, with a minimum divisible unit of 20,000 square feet and the potential to lease the entire 143,000 square feet contiguously. The property features large, open floor plates, ideal for various business configurations. Ample parking is provided with 600 spaces on-site. Conveniently located at Exit 53 of the Maine Turnpike, directly across from the West Falmouth Hannaford retail complex, this property offers exceptional accessibility and visibility. The building is zoned WFCMPD and comprises three suites in total. Currently, a tenant will be vacating on January 1, 2025, presenting a prime opportunity for a new occupant. This flagship property in Cumberland County offers a unique blend of modern amenities and strategic location, making it an ideal choice for businesses seeking a prestigious and functional office environment.

    Property Features for 70 Gray Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    143,000 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2001/2018
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    143,000 SF

    HighLights

    • First‑floor grab‑and‑go cafeteria with full kitchen and seating area.
    • On‑site gym with men's and women's locker rooms and showers.
    • Two‑story main entrance atrium.
    • Multiple restrooms and numerous conference rooms per floor.
    • High‑end finishes throughout.
    • On‑site public bus stop.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Falmouth
    County
    Cumberland
    State
    Maine
    Longitude
    -70.298243751298
    Latitude
    43.733840968564

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space, 20,000+ SF Available
    Where is this office property / space located?
    The property is located at 70 Gray Rd Falmouth, ME.
    What are key features of this property?
    This property features: First-floor grab-and-go cafeteria with full kitchen and seating area.; On-site gym with men's and women's locker rooms and showers.; Two-story main entrance atrium.
    Request Owner's contact information
    70 Gray Rd Falmouth, ME 04105
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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
    70 Gray Rd Falmouth, ME 04105
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