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955 Portland Rd Saco, ME 04072

Investment properties Google Maps
23.61 ac lot
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$425k
Range $383k – $468k (±10%)
Property ID US42-0195989

Property summary

AI-generated overview

This exceptional 75,000-square-foot industrial build-to-suit opportunity in Saco, Maine, offers unparalleled flexibility. Located at 955 Portland Road, this property boasts a prime location less than five miles from I-95, providing easy access to major transportation routes. The site features a new signalized intersection at the main entrance and secondary access points, ensuring convenient ingress and egress. Ample parking and loading areas are available on the nine-acre lot. The building, constructed in 2024, is zoned MU3 and offers multiple tenancy options. Two build options exist: a single 75,000-square-foot building or two 25,000-square-foot buildings, providing flexibility to suit various business needs. The property is categorized as Flex, Warehouse, and Manufacturing space, catering to a wide range of industrial uses. This is a rare opportunity to secure a brand-new, modern industrial space in a highly desirable location within York County. The minimum divisible space is 25,000 square feet, with a maximum contiguous space of 75,000 square feet. The entire 75,000 square feet is currently vacant.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 23.61 ac (1,028,590 SF)
Zoning code MU3
APN SACO M:062 L:021 U:000-000
UPID US42-0195989

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

MU3 · Saco, ME

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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