2 Faraday Dr Cumberland, ME 04021
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.
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
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.