You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Office buildings

600 Roundwood Dr Scarborough, ME 04074

23,232 SF 2.12 ac lot Built 1988
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US42-0255301
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 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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 23,232 SF
Lot 2.12 ac (92,347 SF)
Zoning code 22
APN SCAR M:R038 L:1109
UPID US42-0255301
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
  • Jewelry Judge (Bike/Boat/Book/etc) Store
  • Pierce Furniture Furniture & Home Goods Home Decor Store
  • Sabrina Palumbos Pharmacy
  • Gregory Paramantgis Pharmacy
  • Timothy Keller Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.24M
Blend (final) Blend
$2.89M
Owner & transaction history
Pierce Props LLC · 21 yrs held
Pierce Props LLC
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
22 · Scarborough, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message