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    Property profile & analytics
    OFF-MARKET Estimated value $960,000
    Office buildings

    60 Frst Fls Dr, Yarmouth, ME 04096-6971

    4,271 SF 0.75 ac lot Built 2002
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US42-0373026
    Property summary
    AI-generated overview

    This exceptional 1,450 square foot medical office space is situated within a larger 8,600 square foot multi-tenant building at 60 Forest Falls Drive. Built in 2002 and zoned for commercial use, this property offers an excellent opportunity for medical professionals seeking a well-maintained and conveniently located practice. The space boasts ample natural light and enjoys views of the Royal River, creating a pleasant and productive work environment. Each exam room is equipped with water access, a significant advantage for medical practices. The building's location offers easy accessibility, being conveniently situated just off US Route One, ensuring high visibility and convenient access for patients. The remaining 7,150 square feet of the building is currently occupied, indicating a strong and stable tenant base. This property presents a rare opportunity to acquire a move-in ready medical office space in a desirable location with excellent access and amenities. The property is zoned for commercial use, ensuring flexibility and potential for future expansion. The building's modern construction and well-maintained condition further enhance its appeal. This is an ideal space for a growing medical practice seeking a high-quality, accessible location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2002
    Construction FRAME
    Total area 4,271 SF
    Lot 0.75 ac (32,670 SF)
    Zoning code 21
    APN YMTH M:011 L:001 U:014
    UPID US42-0373026
    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
    • Sulka-Meister Deirdre Medical Clinic
    • Colleen Tetzlaff Physician
    • Royal River Family Care: Brewster Linda FNP Physician
    • Heather A Sharkey, DO Pediatrician Physician
    • Doyle Lynda Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.01M
    Comparable Approach Comparable
    $1.04M
    Blend (final) Blend
    $960k
    Owner & transaction history
    Warr Associates LLC · 4 yrs held
    Warr Associates LLC
    since 2022
    2 recorded transactions
    2022
    2012
    Zoning & alternative use
    21 · Yarmouth, ME
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $965,000 +16.6%
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