175 Scarborough Downs Rd Scarborough, ME 04074
This exceptional 320,000 square foot medical office building presents a unique investment opportunity in Scarborough, Maine's burgeoning Town Center. Located at 175 Scarborough Downs Rd, 04074, this single-tenant property sits on a sprawling 577-acre site within the larger Downs development. The building is currently vacant and ready for immediate occupancy. The property is part of a vibrant mixed-use development, including 240 residential units, a boutique hotel, restaurants, breweries with outdoor and rooftop dining, and additional mixed-use buildings featuring first-floor retail and upscale housing. InterMed, a healthcare provider, is slated to begin construction in the fall of 2024, further enhancing the area's appeal and attracting a high-quality tenant base. The development's strategic location and comprehensive amenities create a highly desirable environment for both patients and employees. The overall development also includes luxury condominiums, market-rate apartments, and Maine's first affordable housing building for individuals with physical disabilities. This prime location offers unparalleled visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-impact, high-growth opportunity in a thriving Maine community. The property's size and location within the newly developed Town Center provide significant potential for long-term value appreciation. This is a rare chance to acquire a substantial, fully vacant building in a rapidly expanding area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.