0 Tandberg Trl Windham, ME 04062
This exceptional commercial land opportunity encompasses five lots totaling approximately 4.22 acres, strategically located in Windham, Maine, on Tandberg Trail and Roosevelt Trail (Route 302). The property, identified by APN Map 67, Lot 37, is owned by Deering Investments Inc. and zoned C-1, allowing for mixed-use development. The site includes two existing parking lots/open spaces, a 2,000 square foot mixed-use building with an attached garage, and a 0.69-acre lot featuring a pre-existing slab foundation and a 4,875 square foot restaurant building. This highly visible location boasts impressive daily traffic counts of approximately 40,960 vehicles on Roosevelt Trail and Tandberg Trail combined. Situated within the North Windham Master Plan, this presents a rare development opportunity in a highly desirable area characterized by low vacancy rates and limited availability of developable land. Furthermore, the area benefits from ongoing infrastructure improvements, including the North Windham Sewer Project and the North Windham Moves Transportation Planning and Feasibility Study. This property offers significant potential for a variety of commercial ventures, capitalizing on its prime location and future development prospects.
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.