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    Science Park Rd Scarborough, ME 04074

    Sponsored
    For Sale
    Contact for pricing

    Three prime lots, ideal for commercial development.

    Property size:
    3,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial development opportunity presents three distinct lots ranging from 0.6 to 3.1 acres, totaling 12,000 square feet of net rentable space. Located on Science Park Road in Scarborough, Maine (04074), this property boasts a highly desirable location just off Route One, directly across from the Maine Medical Campus, and provides convenient access to Interstates 95 and 295. The property is zoned for Business Office - Research District (BOR), offering flexibility for a variety of commercial uses. The available land parcels are identified as a portion of Map R077, Lot 3B, and are currently owned by Contour Properties, LLC. Building sizes can range from 3,250 to 12,000 square feet, providing options for various development scales. This strategic location offers unparalleled visibility and accessibility, making it an attractive investment for businesses seeking a prominent presence in a thriving area. The proximity to Maine Medical Campus and major transportation arteries ensures high traffic volume and easy commutes for employees and clients. This is a rare opportunity to acquire prime commercial land in a rapidly growing market. Contact us today to learn more about this exciting development prospect.

    Property Features for 0 Science Park Rd

    General Information

    Property type
    Land
    Square Feet
    3,250 SF
    Lot Size
    26,136 SF

    HighLights

    • Three buildable lots available.
    • Lots range from 0.60 to 3.1 acres.
    • Excellent Route 1 location, directly across from Maine Medical Center, with convenient I‑95/295 access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Scarborough
    County
    Cumberland
    State
    Maine
    Longitude
    -70.3176687
    Latitude
    43.6069221

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    FAQs

    What type of property is this?
    Land - Three prime lots, ideal for commercial development.
    Where is this land located?
    The property is located at Science Park Rd Scarborough, ME.
    What are key features of this property?
    This property features: Three buildable lots available.; Lots range from 0.60 to 3.1 acres.; Excellent Route 1 location, directly across from Maine Medical Center, with convenient I-95/295 access.
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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
    Science Park Rd Scarborough, ME 04074
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