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Property profile

1 Science Park Rd Scarborough, ME 04074

OFF-MARKET
Office Spaces
34,457 SF Built 1980
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Property summary

AI-generated overview

This Class A, four-story medical office building, totaling 34,457 square feet, is situated on a 2.7-acre lot in Scarborough, Maine. Built in 1980 and extensively renovated in 2018, the property offers two available suites: a 6,389 square foot space on the third floor and a 5,106 square foot space on a lower level. The building features ample on-site parking, high-power electrical service (1600 amp, 120/208 volt, 3-phase), and elevators. The minimum divisible space is 5,106 square feet, with a maximum contiguous space of 6,389 square feet. The building is zoned for Business Office Research (BOR) and boasts a convenient location near the Maine Turnpike/I-95, I-295, and the Maine Medical Scarborough Campus. The property's APN is Map R77, Lot 3B, in Cumberland County, Maine, zip code 04074. Currently, 11,495 square feet of space is vacant. This exceptional property presents a unique opportunity for medical practices seeking modern, well-equipped office space in a prime location.

Property profile

Verified
Property type Office Spaces
Year built 1980
Total area 34,457 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Science Park Rd Scarborough, ME 04074
Scarborough metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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