42 Industrial Park RdSaco, ME 04072

Property Details for 42 Industrial Park Rd

Year built

2003

Construction

STEEL FRAME

Lot size

6.69 AC

Property size (Sq ft)

13,874 SF

Zone code

I-1

Property type

Office buildings

APN

SACO M:070 L:001 U:000-000

APU

SACOM070L001U000000

Description

This exceptional 13,200 square foot commercial property, located at 42 Industrial Park Road in Saco, Maine, presents a unique opportunity for businesses seeking flexible and adaptable space. The single-story building, constructed in 2004 and extensively renovated in 2023, boasts a Class B rating and is situated on a generous 6.69-acre lot. The property is zoned for industrial use and features a flexible layout suitable for a variety of uses, including office, medical office, and flex space. The entire 13,200 square feet is currently vacant, offering immediate occupancy for a single tenant. The minimum divisible space is 3,000 square feet, allowing for potential subleasing or expansion options. The maximum contiguous space available is the entire 13,200 square feet, providing ample room for larger operations. This property is ideally suited for businesses requiring a combination of office and warehouse or production space, or those seeking a large, adaptable space for a single tenant. The property's location in Saco, York County, Maine (zip code 04072), offers convenient access to major transportation routes and amenities. The APN is 070001000000. This is a rare opportunity to secure a fully renovated, spacious, and versatile commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,293,786

  6.5%

  $2,117,342

  7%

  $1,966,103

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,812,777

  Geo Method

  $1,812,777

• Alternative Use

  Use

  Valuation

  Residential

  $2,625,504

  Hospitality

  $2,404,947

  Educational

  $2,000,888

  Medical

  $2,069,701

  Retail

  $3,112,492

Location Insight

City

Saco

County

York

State

Maine

Latitude

43.5248

Longitude

-70.4449

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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