42 Industrial Park RdSaco, ME 04072

  • Office properties
  • 13,874 SF
For Lease
$13.75/SF/YR View listing

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
42 Industrial Park Rd, Saco, Maine

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

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
2022
$35,485
$246,300
$1,689,600
$1,935,900
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