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    374 Roosevelt Trl Naples, ME 04055

    Sponsored
    For Sale
    $3,900,000

    Brand new, 211-unit facility in Maine's lakes region.

    Property size:
    37,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a brand-new, 37,500-square-foot self-storage facility situated on a 5.27-acre lot in Naples, Maine. Built in 2023, this Class B property boasts 211 units currently operating at 50% occupancy, offering significant upside potential. The six-building complex is zoned for commercial use and benefits from its location in a rapidly developing area of Naples, known for its proximity to Sebago Lake, Brandy Pond, and Long Lake. The property's current multi-tenant occupancy stands at 211 tenants. The asking price is $3,900,000. This value-add investment is ideal for a 1031 exchange, offering easy management and significant long-term growth prospects due to the minimal deferred maintenance and prime location within a thriving community experiencing substantial residential and commercial growth. The net rentable square footage is 37,500 square feet. This represents a compelling opportunity to acquire a high-potential self-storage asset in a desirable market.

    Property Features for 374 Roosevelt Trl

    General Information

    Property type
    Self storage facilities
    Square Feet
    37,500 SF
    Class
    B
    Lot Size
    229,561 SF

    Building Details

    Year Built
    2023
    Buildings
    6
    Units
    211

    HighLights

    • Brand new construction.
    • Excellent condition; no deferred maintenance.
    • Prime Naples location near Sebago Lake, Brandy Pond, and Long Lake.
    • Easy‑to‑manage property.
    • Ideal for a 1031 exchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roosevelt Self Storage ... Storage Facility

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Naples
    County
    Cumberland
    State
    Maine
    Longitude
    -70.58045896664
    Latitude
    43.965880864494

    Nearby Comparable

    • $3,725,000
      37,500 SF

      New Self-Storage Facility For Sale

      New 37,500 SF self-storage facility in Naples, Maine.
      374 Roosevelt Trl, Naples, ME 04055
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    • $599,000
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      Prime Naples Waterfront Office Building

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    • $1,895,000

      Waterfront Parcel on Brandy Pond

      4.7 acre waterfront parcel in Naples, Maine.
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    • $225,000
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      Casco Commercial Building - High Visibility

      Large commercial building, high traffic location, 4,992 sq ft.
      893 Roosevelt Trl, Casco, ME 04015
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    • $339,000
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      Casco Commercial Building - Route 302

      Route 302 Commercial Property, High Potential
      312 Roosevelt Trl, Casco, ME 04015
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    • $489,000
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      Ranch with Income Potential

      Single-family home with a separate 2-bedroom apartment.
      13 Brown Ave, Casco, ME 04015
      View Details

    Nearby Similar for Sale

    • $3,725,000
      37,500 SF

      New Self-Storage Facility For Sale

      New 37,500 SF self-storage facility in Naples, Maine.
      374 Roosevelt Trl, Naples, ME 04055
      View Details
    • $599,000
      3,540 SF

      Prime Naples Waterfront Office Building

      Beachfront Office, Dock Slip, Endless Potential
      692 Roosevelt Trl, Naples, ME 04055
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Brand new, 211-unit facility in Maine's lakes region.
    Where is this self storage facility located?
    The property is located at 374 Roosevelt Trl Naples, ME.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Brand new construction.; Excellent condition; no deferred maintenance.; Prime Naples location near Sebago Lake, Brandy Pond, and Long Lake.
    Request Owner's contact information
    374 Roosevelt Trl Naples, ME 04055
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    Naples, ME 04055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    374 Roosevelt Trl Naples, ME 04055
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