707 Sable Oaks Dr South Portland, ME 04106
Property profile & analytics
707 Sable Oaks Dr South Portland, ME 04106
- Office buildings
- 65,300 SF
- 4.89 lot acres
Property ID
US42-0316815
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 707 Sable Oaks Dr
- Year built
- 1992
- Construction
- CONCRETE
- Lot size
- 4.89 lot acres
- Property size
- 65,300 SF
- Zone code
- Z
- Property type
- Office buildings
- APN
- SPOR M:069 L:009
- APU
- SPORM069L009
Description
This exceptional Class A office building, located at 707 Sable Oaks Drive in South Portland, Maine (zip code 04106), offers a variety of flexible spaces ideal for businesses of all sizes. The single, four-story building boasts 66,000 square feet of total space, with suites ranging from a minimum of 2,001 square feet to a maximum contiguous space of 8,982 square feet. Multiple tenancy options are available. Situated on a 4.89-acre lot, the property features 233 parking spaces, passenger elevators, and is conveniently located near Running Hill Road. Built in 1992, this building maintains its Energy Star label since 2012, signifying cost-effective operation and an environmentally conscious design. The property is zoned CS - Suburban Commercial (APN: Map 69, Lot 9) and is part of the Greater Portland submarket. High-quality finishes are featured throughout. This is a fantastic opportunity for businesses seeking a prestigious and efficient workspace in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $16,620,000
- 6.5%
- $15,340,000
- 7%
- $14,245,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $11,604,000
- AI Estimate
- $6,953,000
Market price range: $8.41M - $16.6MMarket price range: $3.27M - $11.5M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $11,975,000 Current use
- COMMERCIAL (GENERAL)
- $14,080,000 Change: +18% Conversion: Easy
- RETAIL STORES
- $13,245,000 Change: +11% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $9,780,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Portland
- County
- Cumberland
- State
- Maine
- Longitude
- -70.3406
- Latitude
- 43.6424
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$151,251
$1,668,800
$9,027,900
$10,696,700
-
$0.00
$0.00
$0.00
