60 Forest Falls DrYarmouth, ME 04096
- Office properties
- 4,271 SF
Property Details for 60 Forest Falls Dr
- Year built
- 2002
- Construction
- FRAME
- Lot size
- 0.75 AC
- Property size (Sq ft)
- 4,271 SF
- Zone code
- 21
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- YMTH M:011 L:001 U:014
- APU
- YMTHM011L001U014
Description
This exceptional 1,450 square foot medical office space is situated within a larger 8,600 square foot multi-tenant building at 60 Forest Falls Drive. Built in 2002 and zoned for commercial use, this property offers an excellent opportunity for medical professionals seeking a well-maintained and conveniently located practice. The space boasts ample natural light and enjoys views of the Royal River, creating a pleasant and productive work environment. Each exam room is equipped with water access, a significant advantage for medical practices. The building's location offers easy accessibility, being conveniently situated just off US Route One, ensuring high visibility and convenient access for patients. The remaining 7,150 square feet of the building is currently occupied, indicating a strong and stable tenant base. This property presents a rare opportunity to acquire a move-in ready medical office space in a desirable location with excellent access and amenities. The property is zoned for commercial use, ensuring flexibility and potential for future expansion. The building's modern construction and well-maintained condition further enhance its appeal. This is an ideal space for a growing medical practice seeking a high-quality, accessible location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $706,124
- 6.5%
- $651,807
- 7%
- $605,249
-
Comparable approach
- Method
- Valuation
- Relative Method
- $558,049
- Geo Method
- $558,049
-
Alternative Use
- Use
- Valuation
- Residential
- $808,240
- Hospitality
- $740,344
- Educational
- $615,957
- Medical
- $637,141
- Retail
- $958,156
Location Insight
- City
- Yarmouth
- County
- Cumberland
- State
- Maine
- Latitude
- 43.8058
- Longitude
- -70.187
- 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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