179 John Roberts RdSouth Portland, ME 04106

Property Details for 179 John Roberts Rd

Year built

2003

Construction

STEEL FRAME

Lot size

10.90 AC

Property size (Sq ft)

58,102 SF

Zone code

MM

Property type

Office buildings

APN

SPOR M:075-A L:011-D

APU

SPORM075AL011D

Description

This exceptional Class A office property, located at 179 John Roberts Road in South Portland, Maine, offers a total of 58,995 square feet of space in a single, one-story building constructed in 2008. The property sits on 10.9 acres of land and features a convenient layout with multiple suites available. Two suites are currently available for lease: a 36,703 square foot unit and a 13,188 square foot unit, which can be subdivided. The minimum divisible space is 9,104 square feet, offering flexibility for various business needs. The property boasts ample parking with 300+ spaces and is zoned IL. Its strategic location provides easy access to I-295, the Portland International Jetport, and the Maine Turnpike, placing it within close proximity to major transportation arteries. The surrounding area includes established office parks, retail stores, and national chain restaurants, creating a vibrant and convenient environment for businesses. The property's address is 179 John Roberts Rd, South Portland, ME 04106, with the APN 05220_75A-11D, and is situated in Cumberland County. This is a rare opportunity to secure high-quality office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $9,605,996

  6.5%

  $8,867,073

  7%

  $8,233,711

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,591,608

  Geo Method

  $7,591,608

• Alternative Use

  Use

  Valuation

  Residential

  $10,995,171

  Hospitality

  $10,071,517

  Educational

  $8,379,384

  Medical

  $8,667,564

  Retail

  $13,034,598

Location Insight

City

South Portland

County

Cumberland

State

Maine

Latitude

43.6287

Longitude

-70.3249

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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