Property profile

42 Industrial Park Rd Saco, ME 04072

FOR LEASE
Office buildings
Property ID
US42-0144970
13,874 SF 6.69 ac lot Built 2003
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This flex space is configured for office or medical office use and offers approximately 3,000 to 4,590 square feet of interior area. The space includes an overhead door, skylight, and access to ample on-site free parking. The property is located with convenient access, situated less than three minutes from the Maine Turnpike, and offers options for tenant improvements subject to broker review.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction STEEL FRAME
Total area 13,874 SF
Lot 6.69 ac (291,416 SF)
Zoning code I-1
APN SACO M:070 L:001 U:000-000
UPID US42-0144970

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Security Service General Contractor

Location

42 Industrial Park Rd Saco, ME 04072
Saco metro Census 5200 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.73M
Comparable Approach Comparable
$2.81M
Blend (final) Blend
$2.95M

Owner & transaction history

since 2017
3 recorded transactions
2022
Price N/A
2017
Price N/A
2012
Price N/A

Zoning & alternative use

I-1 · Saco, ME
Top alternative use upside
Retail stores $3.9M +43.5%
Commercial (general) $3.8M +43.2%
Restaurant $2.9M +7.7%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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