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Property profile & analytics
OFF-MARKET Estimated value $560,000
Office buildings

177 Gray Rd Falmouth, ME 04105-2514

4,082 SF 3.36 ac lot Built 1970
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US42-0448520
Property summary
AI-generated overview

This exceptional commercial property at 177 Gray Rd, Falmouth, ME 04105, offers a unique blend of office suites and ample outdoor storage space. The 4,082 square foot building, constructed in 1970, sits on a 3.36-acre lot and is zoned VMU (Village Mixed-Use). The two-story structure features multiple tenancies, with available office spaces ranging from 225 to 800 square feet, making it ideal for a variety of businesses. The property boasts excellent visibility thanks to pylon signage and is conveniently located just north of the West Falmouth Hannaford, ensuring high traffic and easy access. Shared on-site parking is provided for tenants' convenience. The existing tenant mix includes established businesses such as New England Landscapes, The Grounds Crew, Southpaw Sign Studio, and Wireless Consulting, creating a thriving and collaborative environment. The property's APN is U42-37-B, and it is situated in Cumberland County. This versatile property presents a fantastic opportunity for businesses seeking a combination of office space and secure outdoor storage. The property's location and existing tenant base offer a strong foundation for future success. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction FRAME
Total area 4,082 SF
Lot 3.36 ac (146,362 SF)
Zoning code VMU
APN FMTH M:U42 B:037 L:B
UPID US42-0448520
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$607k
Blend (final) Blend
$560k
Owner & transaction history
A & C Holdings LLC · 12 yrs held
A & C Holdings LLC
since 2014
4 recorded transactions
2014
Price N/A
2009
Price N/A
2008
Price N/A
2006
Price N/A
Zoning & alternative use
VMU · Falmouth, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $920,000 +16.6%
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