505 Sable Oaks Dr South Portland, ME 04106
For Sale
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This exceptional 4.99-acre commercial land parcel, located at 505 Sable Oaks Drive in South Portland, Maine (zip code 04106), presents a rare build-to-suit opportunity for a Class A office development. Zoned PO (Professional Office), this property offers the potential to construct up to approximately 45,000 square feet of office space. The site boasts a desirable campus-like setting, providing convenient access to major roadways and amenities in the Maine Mall area. Its strategic location offers proximity to key transportation infrastructure, situated approximately two miles from the Portland International Jetport (PWM) and nearly equidistant from Interstate 95 exits 45 and 46. The large floor plates available represent a unique opportunity in the Greater Portland area's office market, both downtown and suburban. This offering is priced at $1,950,000 and is owned by Soley Oaks LLC. This is a truly exceptional opportunity to develop a significant office presence in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.