10 Donald B Dean DrSouth Portland, ME 04106

Property Details for 10 Donald B Dean Dr

Year built

1988

Construction

STEEL FRAME

Lot size

0.74 AC

Property size (Sq ft)

8,404 SF

Zone code

MM

Property type

Office buildings

APN

SPOR M:075-A L:101

APU

SPORM075AL101

Description

This exceptional Class A office building, located at 10 Donald B. Dean Drive in South Portland, Maine, presents a unique leasing opportunity. The property boasts a total of 8,404 square feet, with 4,421 square feet currently available for lease. The building features a traditional office layout suitable for a variety of businesses, also accommodating executive office needs. Situated on a 0.74-acre lot, the property offers convenient on-site parking at no cost to tenants. The building is zoned for Light Industrial use (IL), providing flexibility for certain businesses. The address is 10 Donald B. Dean Drive, South Portland, ME 04106, with its location providing excellent visibility and access. The property benefits from 24-hour maintenance service, ensuring a smooth and efficient operation. The property's APN is Map 75A, Lot 101, within Cumberland County. This is a single-suite building, offering a unique opportunity for a single tenant to occupy the entire available space. The building's location offers an office park setting with good exposure, making it an ideal location for businesses seeking a professional and convenient workspace. This is a rare opportunity to secure a substantial amount of high-quality office space in a desirable South Portland location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,389,432

  6.5%

  $1,282,553

  7%

  $1,190,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,098,067

  Geo Method

  $1,098,067

• Alternative Use

  Use

  Valuation

  Residential

  $1,590,366

  Hospitality

  $1,456,766

  Educational

  $1,212,012

  Medical

  $1,253,695

  Retail

  $1,885,353

Location Insight

City

South Portland

County

Cumberland

State

Maine

Latitude

43.6302

Longitude

-70.3286

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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