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Financial
Distress signals
Property profile

600 Roundwood Dr Scarborough, ME 04074

FOR LEASE
Office buildings
Property ID
US42-0255301
23,232 SF 2.12 ac lot Built 1988
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value$2.15M
Assessed land$1.03M
Assessed improvement$1.12M
Effective rate1.60%

Value estimate

· Oct 2026
$2.89M
$2.60M – $3.18M
Submarket $/SF estimate$3.24M
NOI build-up
Gross scheduled income$209k
Vacancy & credit loss−$36k
Operating expenses−$52k
NOI · 759,250.00% cap applied$121k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$194/SF
County average, outlier-cleaned · 93 recorded sales of this use type
Observed band · Q1–Q3$129 – $261
Qualifying comparables6

Cap rate analysis

How does the asset earn?
759,250.00%
$121k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
22
JurisdictionSCARBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.2
Carpet & Flooring Store8.2
Catering Service8.1

Location

600 Roundwood Dr Scarborough, ME 04074
County assessor Recorded deeds · 1 transfer 6 qualifying comp sales Zoning catalog

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 nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
66 Mussey, Scarborough, ME 04074-8921 $1,542,213 May 2025 9,870 SF
253 Us Rte 1st, Scarborough, ME 04074-9525 $1,590,000 Jul 2024 5,796 SF
4 Highland, Scarborough, ME 04074-9346 $630,000 Aug 2023 2,946 SF
260 Us Rte 1st, Scarborough, ME 04074-8905 $750,000 Jan 2023 5,544 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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