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    Property profile & analytics
    OFF-MARKET Estimated value $2,950,000
    Office buildings

    42 Industrial Park Rd, Saco, ME 04072-3801

    13,874 SF 6.69 ac lot Built 2003
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US42-0144970
    Property summary
    AI-generated overview

    This exceptional 13,200 square foot commercial property, located at 42 Industrial Park Road in Saco, Maine, presents a unique opportunity for businesses seeking flexible and adaptable space. The single-story building, constructed in 2004 and extensively renovated in 2023, boasts a Class B rating and is situated on a generous 6.69-acre lot. The property is zoned for industrial use and features a flexible layout suitable for a variety of uses, including office, medical office, and flex space. The entire 13,200 square feet is currently vacant, offering immediate occupancy for a single tenant. The minimum divisible space is 3,000 square feet, allowing for potential subleasing or expansion options. The maximum contiguous space available is the entire 13,200 square feet, providing ample room for larger operations. This property is ideally suited for businesses requiring a combination of office and warehouse or production space, or those seeking a large, adaptable space for a single tenant. The property's location in Saco, York County, Maine (zip code 04072), offers convenient access to major transportation routes and amenities. The APN is 070001000000. This is a rare opportunity to secure a fully renovated, spacious, and versatile commercial property in a desirable location.

    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Minuteman Security and Life Safety Security Service General Contractor
    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
    42 Ipr LLC · 8 yrs held
    42 Ipr LLC
    since 2017
    3 recorded transactions
    2022
    2017
    2012
    Zoning & alternative use
    I-1 · Saco, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $3.9M +43.5%
    Commercial (general) $3.8M +43.2%
    Restaurant $2.9M +7.7%
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