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Property profile & analytics
FOR SALE
Commercial land

505 Sable Oaks Dr South Portland, ME 04106

4.99 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US42-0091668
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.99 ac (217,364 SF)
APN SPOR M:069 L:010
UPID US42-0091668
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SOLEY OAKS LLC
SOLEY OAKS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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