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    23 Roosevelt Trl Casco, ME 04015

    • Retail properties
    • 8,800 SF
    • 1.84 lot acres
    For Sale
    View listing
    $849,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • House of Shabby Chic & Antiques / Antique Furniture Store

    Property Details for 23 Roosevelt Trl

    Year built
    2005
    Lot size
    1.84 lot acres
    Property size
    8,800 SF
    Property type
    Retail properties
    Property subtype
    Retail space

    Description

    This exceptional investment opportunity features two freestanding retail buildings totaling 8,800 square feet on a 1.84-acre lot in Casco, Maine. Located on busy Route 302, experiencing over 11,000 vehicles per day, this property boasts high visibility and accessibility. One unit is currently occupied by a long-term medical marijuana tenant, providing a stable income stream. The second 4,000 square foot unit offers flexibility for lease or owner-occupancy. Built in 2005, the single-story buildings are zoned commercial and include 10 parking spaces. This property presents a unique chance to acquire a valuable asset with multiple income streams and significant growth potential. The asking price is $849,000. Don't miss this chance to own a prime retail location in a thriving area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Casco
    County
    Cumberland
    State
    Maine
    Longitude
    -70.5111
    Latitude
    43.9121

    Comparable in this City

    • Value Estimation
      $350,000
      3,228 SF

      978 Mdw Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,228 SF
      978 Mdw Rd, Casco, ME 04015-3041
      View Details
    • Value Estimation
      $390,000
      1,920 SF

      32 Roosevelt Trl

      DEPARTMENT STORE • 1,920 SF
      32 Roosevelt Trl, Casco, ME 04015-4220
      View Details
    • Value Estimation
      $485,000
      13,880 SF

      27 Roosevelt Trl

      DEPARTMENT STORE • 13,880 SF
      27 Roosevelt Trl, Casco, ME 04015-4211
      View Details
    • Value Estimation
      $125,000
      480 SF

      1036 Mdw Rd

      DEPARTMENT STORE • 480 SF
      1036 Mdw Rd, Casco, ME 04015-3043
      View Details
    • Value Estimation
      $375,000
      2,513 SF

      340 Heath Rd

      DEPARTMENT STORE • 2,513 SF
      340 Heath Rd, Casco, ME 04015-3130
      View Details
    • Value Estimation by Request
      2,012 SF

      312 Roosevelt Trl

      Day care centers • 2,012 SF
      312 Roosevelt Trl, Casco, ME 04015
      View Details

    Similar Nearby for Sale

    • $849,000
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      Prime Casco Retail Duo

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      23 Roosevelt Trl, Casco, ME 04015
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    • $225,000
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      Casco Commercial Building - High Visibility

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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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    • $340,000
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      Wooded Land with Panoramic Views

      Private, wooded 48.15-acre property with breathtaking panoramic views.
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    • $299,000
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      Prime Commercial Space on Route

      High-visibility commercial space in excellent condition, ready for immediate use.
      37 Roosevelt Trl, Casco, ME 04015
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    • $489,000
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      Ranch with Income Potential

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    23 Roosevelt Trl
    Casco, ME 04015
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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
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