0 Gray Rd Windham, ME 04062
This exceptional 1.84-acre property, located at the highly visible intersection of Gray Road and Tandberg Trail in Windham, Maine, presents a unique investment opportunity. Boasting an average daily traffic count of approximately 10,590 vehicles (2022 data), this land parcel offers unparalleled exposure for commercial development. The property is zoned F - Farm, and contract zoning is available, providing flexibility for a variety of uses. The site includes five existing buildings, with a total square footage ranging from 604 to 5,268 square feet, offering potential for renovation or redevelopment. Its prime location makes it ideal for a range of commercial ventures, including but not limited to truck stops, gas stations, convenience stores, and other businesses that benefit from high traffic visibility. The property's address is Gray Rd, Windham, ME 04062, and its legal description is Map 20, Block 20, Lot A01. This multi-use land parcel is offered at an asking price of $1,300,000 and presents a compelling opportunity for investors seeking a high-traffic location with significant development potential. The property is classified as Agricultural, Commercial, and Residential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.