Property profile

5 Community Dr A1 Augusta, ME 04330

FOR SALE
Other office properties
Property ID
US42-0432283
11,592 SF 0.75 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A commercial office building constructed in 2000, configured as a condominium. The property contains over 13,000 square feet of office space arranged into 12 office suites, with tenants sharing common facilities that include a conference area, a fully equipped gym, a customer waiting area, and shared bathrooms. The building is located at Augusta, Maine near the Mall at Augusta, the University of Maine at Augusta, and the Augusta Civic Center. First-floor office space includes multiple entrances and is served by ample on-site parking. The building’s office layout is suitable for continued multi-tenant use with additional suite space available within the condo structure.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 2000
Total area 11,592 SF
Lot 0.75 ac (32,853 SF)
APN AUGU M:0005A B:00001 L:00000
UPID US42-0432283

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
  • Storage Facility
  • Alternative Medicine Practice Physician
  • Medical Clinic Skin Care Clinic
  • Insurance Agency
  • Government Office

Location

5 Community Dr, Unit A1 Augusta, ME 04330
Augusta metro Census 10200 AUGUSTA-WATERVILLE, ME MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$850k

Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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