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Property profile & analytics
OFF-MARKET
Turn key restaurants

1248 Roosevelt Trl Raymond, ME 04071-6602

1,926 SF 0.32 ac lot Built 1960
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US42-0256581
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction FRAME
Total area 1,926 SF
Lot 0.32 ac (14,043 SF)
Zoning code C
APN RYMD M:055 L:004 S:A00
UPID US42-0256581
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hines Community Props LLC · 18 yrs held
Hines Community Props LLC
since 2007
4 recorded transactions
2014
Price N/A
2013
Price N/A
2007
Price N/A
2007
Price N/A
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
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