Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    25 Long Creek Dr South Portland, ME 04106
    Back to Search
    Property profile & analytics

    25 Long Creek Dr South Portland, ME 04106

    View on Map
    • Office properties & Spaces
    • 16,150 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 25 Long Creek Dr

    Year built
    1993
    Property size
    16,150 SF
    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 16,150 square foot medical office condo, located at 25 Long Creek Drive in South Portland, Maine, presents a unique investment opportunity. Built in 1993, this two-story building is zoned CS and situated in Cumberland County (zip code 04106). The property offers a single tenancy configuration, currently featuring 4,532 square feet of vacant space, ideal for expansion or accommodating new tenants. The existing layout is well-suited for medical practices, providing ample space for examination rooms, administrative offices, and support areas. The building's strategic location in South Portland offers excellent visibility and accessibility, making it an attractive option for healthcare professionals seeking a prominent presence in a thriving community. The property's solid construction and established presence within the medical community make it a sound investment with significant potential for growth and return. Serious inquiries are encouraged to explore this opportunity further. Detailed floor plans and further specifications are available upon request. This is a rare opportunity to acquire a well-maintained medical office building in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    South Portland
    County
    Cumberland
    State
    Maine
    Longitude
    -70.323
    Latitude
    43.6356

    Comparable in this City

    • Value Estimation by Request
      4,532 SF

      25 Long Creek Dr

      Medical Office Space • 4,532 SF
      25 Long Creek Dr, South Portland, ME 04106
      View Details
    • Value Estimation
      $6,600,000
      38,739 SF

      75 John Roberts Rd, Unit A

      CONDOMINIUM OFFICES • 38,739 SF
      75 John Roberts Rd, South Portland, ME 04106-6961
      View Details
    • Value Estimation by Request
      138 SF

      18 Ocean St, Unit C3

      CONDOMINIUM OFFICES • 138 SF
      18 Ocean St, South Portland, ME 04106-2847
      View Details
    • Value Estimation
      $5,570,000
      31,376 SF

      75 John Roberts Rd Bldg C

      CONDOMINIUM OFFICES • 31,376 SF
      75 John Roberts Rd Bldg C, South Portland, ME 04106-6964
      View Details
    • Value Estimation by Request
      1,650 SF

      210 Western Ave, Unit A1

      CONDOMINIUM OFFICES • 1,650 SF
      210 Western Ave, South Portland, ME 04106-2424
      View Details
    • Value Estimation by Request
      1,699 SF

      18 Ocean St, Unit B

      CONDOMINIUM OFFICES • 1,699 SF
      18 Ocean St, South Portland, ME 04106-2847
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,424 SF

      South Portland Medical Investment Opportunity

      Long-term NNN investment with a strong healthcare tenant.
      254 Western Ave, South Portland, ME 04106
      View Details
    • Contact for pricing
      19,188 SF

      Medical Office Space For Sale

      19,188 SF medical office space on 2.61 acres.
      244 Western Ave, South Portland, ME 04106
      View Details
    • Contact for pricing
      4,530 SF

      Professional Condo Near Maine Mall

      Office space ideal for medical, dental, wellness, or clinical services.
      25B Long Creek Dr, South Portland, ME 04106
      View Details
    • Contact for pricing
      4,952 SF

      Medical Outpatient Portfolio For Sale

      Two-property medical portfolio fully leased to Straine Dental Management.
      25 Long Creek Dr, South Portland, ME 04106
      View Details
    • $3,800,000
      19,188 SF

      Office Space Near Maine Mall

      2,495 SF mixed-use/office space near Maine Mall.
      244 Western Ave, South Portland, ME 04106
      View Details
    • $560,000
      0.23 Acres

      Mixed-Use Property in South Portland

      Mixed-use property with office spaces and apartment in South Portland.
      854 Broadway, South Portland, ME 04106
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,200 SF

      Updated Medical Spa Space Available

      Recently updated medical spa, salon, or medical space for lease.
      198 Maine Mall Rd, South Portland, ME 04106
      View Details
    • Contact for pricing
      5,584 SF

      Class A Office/Medical Building

      Class A office/medical building with suites available for lease.
      175 Running Hill Rd, South Portland, ME 04106
      View Details
    • Contact for pricing
      11,890 SF

      South Portland Retail/Office Opportunity

      Modern, adaptable space in high-traffic Maine Mall area.
      264 Gorham Rd, South Portland, ME 04106
      View Details
    • $1,800 /Mo
      1,350 SF

      Turnkey Dental Suite For Lease

      Turnkey dental suite with furniture, fixtures, and equipment in place.
      94 Washington Ave, Portland, ME 04106
      View Details
    • Contact for pricing

      244 Western Ave, South Portland, ME 04106

      Medical Office Space
      244 Western Ave, South Portland, ME 04106
      View Details
    • $14 SF/Yr
      36,972 SF

      75 John Roberts Road Office Space

      Class A Office, 8,114 SF Available
      75 John Roberts Rd, South Portland, ME 04106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25 Long Creek Dr
    South Portland, ME 04106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    25 Long Creek Dr, South Portland, ME, 04106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!