You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $790,000
Retail properties & Spaces

1223 Roosevelt Trl Raymond, ME 04071-6607

5,600 SF 0.62 ac lot Built 1964
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US42-0294575
Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1964
Construction FRAME
Total area 5,600 SF
Lot 0.62 ac (27,007 SF)
Zoning code C
APN RYMD M:055 L:035
UPID US42-0294575
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
$900k
Comparable Approach Comparable
$659k
Blend (final) Blend
$790k
Owner & transaction history
Walnut Prop Hld LLC · 2 yrs held
Walnut Prop Hld LLC
since 2023
Last sale
$800,000
1 recorded transaction
2023
$800,000
Zoning & alternative use
C · Raymond, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial District (C). A. Intent. The Commercial District is intended to serve as the downtown of Raymond and to provide general retail, wholesale, service and business facilities in an area convenient to the residents of the Town. This district should efficiently utilize space and resources and provide for connectivity among and between businesses in a ma…

Zone name Commercial
General category COMMERCIAL
Zone area 71.98 ac
Top alternative use upside
Commercial (general) $1.3M +19.2%
Office building $1.1M +2.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1223 Roosevelt Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message