Realmo Analytics
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Property summary
This exceptional 11,616 square foot commercial property, located in Scarborough's Greater Portland submarket, presents a unique opportunity for a variety of businesses. Situated on a 2.12-acre lot, this single-tenant building offers ample space for office, showroom, or retail use. Built in 1988, the property boasts a traditional office layout adaptable to executive or creative office needs. The building features 101 dedicated parking spaces, ensuring convenient access for employees and… clients. High-visibility signage along Payne Road, a thoroughfare with 9,130 cars per day, provides excellent exposure for your business. The property is zoned B-2 and offers robust power capabilities with 3-phase, 400-amp service. The entire 11,616 square feet is currently vacant and immediately available for lease. The lease rate is $16.00 per square foot, NNN. The property's APN is Map R38, Lot 1109, within Cumberland County. This prime location in the Scarborough submarket offers a strategic advantage for businesses seeking a prominent presence in the Greater Portland area. The property's size, parking, and visibility make it an ideal choice for a company seeking to establish or expand its operations.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 23,232 SF
- Lot area
- 2.12 ac
- Year built
- 1988
- Stories
- 1
- APN
- SCAR M:R038 L:1109
- Zoning
- 22
- Assessed value · 2023
- $2,148,100
- Annual tax · 2023
- $34,305
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $34,305
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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