125 Community Dr Augusta, ME 04330
- Office buildings
- 9,540 SF
- 0.70 lot acres
Current Use by Public Records
- Geosyntec Consultants / Consultant
- Newman Homes / Siding Contractor / Custom Home Builder
Property Details for 125 Community Dr
- Year built
- 1992
- Construction
- STEEL FRAME
- Lot size
- 0.70 lot acres
- Property size
- 9,540 SF
- Property type
- Office buildings
- APN
- AUGU M:0005A B:00006 L:00000
- APU
- AUGUM0005AB00006L00000
Description
This exceptional 14,350 square-foot Class A office building presents a unique investment or corporate headquarters opportunity in Augusta, Maine. Strategically located at 125 Community Drive, it enjoys unparalleled visibility at the entrance to the Augusta Civic Center complex, directly off Interstate 95. Its prime location offers easy access to the Market Place Shopping Center, the University of Maine at Augusta, and the nearby hospital and cancer center. The building boasts an impressive architectural design, highlighted by a spacious open lobby with high ceilings, two prominent executive offices, and a convenient elevator. A grand staircase leads to the second level, encompassing over 4,800 square feet of office space, mirrored on the upper level, providing ample room for expansion or multiple tenants. The lower walk-out level offers a large boardroom, a well-equipped kitchen/breakroom, and restrooms complete with showers, along with several storage rooms and a covered carport for convenient loading and unloading. Many offices feature a tranquil rear view overlooking attractive gardens and a small pond. This property offers a compelling combination of location, size, and amenities, making it an ideal investment or a prestigious corporate setting to serve the entire state of Maine. The 0.7-acre lot provides ample space and parking. This is a rare opportunity to acquire a high-quality commercial property in a thriving location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $860,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $925,000
- 6.5%
- $1,025,000
- 7%
- $1,060,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $870,000
- Geo Method
- $935,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $870,000
- Retail
- $855,000
- Mixed-Use
- $785,000
- Hospitality
- $1,010,000
- Educational
- $840,000
- Residential Income
- $1,005,000
- Energy
- $1,040,000
- Income-Based Land
- $1,005,000
- Food Service
- $1,090,000
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- Kennebec
- State
- Maine
- Longitude
- -69.7943
- Latitude
- 44.3427
- CBSA code
- 12300
- CBSA name
- AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
