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Property profile & analytics
OFF-MARKET
Office Spaces

2 Faraday Dr Cumberland, ME 04021

3,000 SF 1.38 ac lot
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents new construction office condominiums for sale at 2 Faraday Drive in Cumberland, Maine. Located in the Mill Run Offices development, these versatile spaces offer 3,000 to 30,000 square feet, ideal for a variety of uses including traditional office, medical, or creative office settings. Situated on a 1.38-acre lot (APN: Map U20, Lot 73) in West Cumberland on Route 100, the property enjoys convenient access to Falmouth and Gray. The two-story building features underground utilities, an elevator, and is fully ADA accessible, ensuring modern convenience and inclusivity. The development benefits from Village Center Commercial (VCC) zoning. Currently under construction, these units offer the advantage of purchasing either development approvals and current building condition or completed construction. A recent appraisal valued the completed and stabilized development at $7,500,000. Contact us for individual condo unit pricing. This is a prime opportunity to secure modern, flexible office space in a desirable Cumberland location.

Property profile
Verified
Property type Office Spaces
Total area 3,000 SF
Lot 1.38 ac (60,113 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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