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Property profile & analytics

1 Runway Rd South Portland, ME 04106

  • Industrial properties
  • 6.59 lot acres
Value Estimation
Location Intelligence
Property ID
US42-0391301
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 1 Runway Rd

Lot size
6.59 lot acres
Zone code
Z
Property type
Industrial properties
APN
SPOR M:080-A L:005-A
APU
SPORM080AL005A

Description

This exceptional executive office property at 1 Runway Road in South Portland, Maine, offers 52,610 square feet of renovated space. Currently, 17,100 square feet is available for lease, divisible into units ranging from 2,700 to a maximum contiguous 14,400 square feet. The building features two suites, ideal for single or multi-tenant occupancy. Built in 1982 and extensively renovated in 2022, the property boasts 24-foot ceilings and abundant natural light. Ample parking is provided with 150+ spaces. The building is served by 3-phase, 480-volt, 1200-amp power. Situated on a 7.05-acre lot, the property is zoned Non-Residential Industrial (INR) in Cumberland County (zip code 04106). Its convenient location offers easy access to I-295 and I-95, with a short commute to downtown Portland. This is a rare opportunity to secure high-quality, flexible office space in a desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
South Portland
County
Cumberland
State
Maine
Longitude
-70.3069
Latitude
43.6113
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$42,909
$599,700
$2,434,900
$3,034,600
-
$0.00
$0.00
$0.00
More about this property
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