Commercial Real Estate Market in Casco, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 89 off-market properties in Casco, ME. Commercial property asks $279/SF to buy and $11.00/SF/Yr to lease.
Market Trends
Casco, ME spans 31.3 square miles in Cumberland County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Casco, ME asks $235/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Casco, ME asks $252/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Casco, ME runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Casco, ME asks $266/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 89.8%
- Commercial 6.6%
Largest Zones share of zoned land by district
Residential
Commercial
Village
South Casco Outdoor Resort Zone
Heath Quarry Commercial
Casco, ME zones 21,476 acres across 8 districts. Commercial zoning covers 6.6% of zoned land, residential 89.8%. The largest single district is Residential at 83.7%. For commercial buyers the practical constraint is that only 6.6% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Casco, ME has 3,646 residents in 2,982 households. Density runs 117 people per square mile. Median household income here is $64,229 and median gross rent $1,214 a month.
3,646
Population
2,982
Households
1.2
Avg Household Size
48
Median Age
32%
College-Educated
91%
High-School Grad
31.3 sq mi
ZIP Area
117
Density / Sq Mi
$64,229
Median Household Income
$43,870
Median Earnings
$1,214
Median Rent
$285,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Naples | — | — |
| Otisfield | — | — |
| Poland | — | — |
| Raymond | — | — |
Commercial property in Casco, ME asks $279/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Casco?
Commercial property in Casco, ME asks an average of $279 per square foot. The 4 most recent recorded sales traded at a median of $84/SF, so asking sits 232% above the achieved median. Multifamily carries the highest asking price at $266/SF.
How much does it cost to lease commercial space in Casco?
Asking lease rates in Casco, ME average $11.00 per square foot per year.
What zoning applies to commercial property in Casco?
Casco, ME zones 21,476 acres across 8 districts, of which 6.6% is commercial and 0% industrial. The largest single district is Residential at 83.7% of zoned land. Residential zoning covers 89.8% and open space 0%.
Where does Realmo's Casco market data come from?
Realmo compiles Casco, ME figures from 4 recent recorded sales, 14 active sale listings, 1 active lease listings, 89 tracked off-market properties, the current Casco zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 1 active for-lease listings in Casco, ME. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 21,476 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
