6 Science Park RdScarborough, ME 04074

  • Office properties
  • 13,171 SF
For Lease
$12/SF/YR View listing

Property Details for 6 Science Park Rd

Year built
1978
Lot size
2.75 AC
Property size (Sq ft)
13,171 SF
Zone code
32
Property type
Office properties
Property subtype
Office buildings
APN
SCAR M:R077 L:003
APU
SCARMR077L003

Description

This exceptional commercial property, located at 6 Science Park Road in Scarborough, Maine, offers 13,171 square feet of versatile office space. The building, constructed in 1978 and extensively renovated in 2021, features a blend of traditional and creative office layouts, making it ideal for a variety of businesses. The property sits on a generous 2.75-acre lot, providing ample parking and potential for future expansion. The two-story building includes an elevator for convenient access to both floors. The zoning is designated as BOR, offering flexibility for various commercial uses. The property's address is 6 Science Park Rd, Scarborough, ME 04074, and its location is further identified by APN Map R077, Lot 003 within Cumberland County. This multi-tenant building presents a unique opportunity for businesses seeking a well-maintained, updated space in a desirable location. The property's recent renovation ensures modern amenities and efficient functionality. Its size and layout cater to businesses requiring substantial space, while the ample lot size offers significant potential for future development or expansion. The combination of traditional and creative office space allows for adaptability to diverse business needs. This property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,177,560
    6.5%
    $2,010,055
    7%
    $1,866,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,720,923
    Geo Method
    $1,720,923
  • Alternative Use

    Use
    Valuation
    Residential
    $2,492,468
    Hospitality
    $2,283,088
    Educational
    $1,899,502
    Medical
    $1,964,829
    Retail
    $2,954,781
6 Science Park Rd, Scarborough, Maine

Location Insight

City
Scarborough
County
Cumberland
State
Maine
Latitude
43.6066
Longitude
-70.3183
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
$17,858
$320,600
$797,600
$1,118,200
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