42 Industrial Park RdSaco, ME 04072
- Office properties
- 13,874 SF
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 properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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