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Property profile & analytics

300 Southborough Dr South Portland, ME 04106-6914

  • Office buildings
  • 117,195 SF
  • 8.08 lot acres
OFF-MARKET
Value Estimations
$14,125,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US42-0221477
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

  • Office buildings

Property Details for 300 Southborough Dr

Year built
1987
Construction
STEEL FRAME
Lot size
8.08 lot acres
Property size
117,195 SF
Property type
Office buildings
APN
SPOR M:082 L:003
APU
SPORM082L003

Description

This exceptional Class A office property, located at 300 Southborough Drive in South Portland, Maine, offers 121,152 square feet of prime office space. Currently, 68,303 square feet is available for lease, divisible into units as small as 3,886 square feet, with a maximum contiguous space of 42,347 square feet. The building features three stories, three total suites, and ample on-site parking with 635 spaces (5.47 spaces per 1,000 square feet). Built in 1987, this property boasts modern amenities including elevators and is zoned IL in Cumberland County. The 19-acre lot provides a spacious and attractive setting. The space is ideal for both executive and medical office uses, offering flexible floor plans adaptable to open or private office configurations. Landlord improvements to suit tenant needs are available. The property's convenient location within a business park offers added benefits, including proximity to two hotels and a full-service restaurant (Sebago Brewing Company). Fully furnished suites are also an option. This is a rare opportunity to secure high-quality office space in a desirable South Portland location. The property's zip code is 04106.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $17,676,000
    Market price range: $15.1M - $30.6M
    AI Estimate
    $10,032,000
    Market price range: $5.87M - $20.6M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $22,690,000
    Current use
    RETAIL STORES
    $22,210,000
    Change: -2% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
South Portland
County
Cumberland
State
Maine
Longitude
-70.339
Latitude
43.6272
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
$218,220
$3,431,400
$12,001,400
$15,432,800
-
$0.00
$0.00
$0.00
More about this property
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