27 Roosevelt Trl Casco, ME 04015
- Retail properties
- 13,880 SF
- 2.99 lot acres
Current Use by Public Records
- Retail properties
Property Details for 27 Roosevelt Trl
- Year built
- 1995
- Construction
- FRAME
- Lot size
- 2.99 lot acres
- Property size
- 13,880 SF
- Zone code
- 10
- Property type
- Retail properties
- APN
- CASC M:0015 L:0006 U:A2
- APU
- CASCM0015L0006UA2
Description
This exceptional 14,610+ square foot commercial building presents a remarkable investment opportunity in Casco, Maine. Situated on a sprawling 11.88-acre lot, this property boasts exceptional visibility and high traffic counts due to its prime location on Route 302. The substantial building offers versatile space suitable for a wide range of commercial uses, including storage, manufacturing, or other businesses requiring ample room. Three convenient curb cuts ensure easy access and maneuverability. The property's significant advantage lies in its waterfront location on Thomas Pond, offering unique potential and aesthetic appeal. The building is equipped with three-phase power, a crucial asset for many commercial operations. This property is ideal for an owner-user seeking a substantial space with excellent visibility or an investor looking for strong rental potential. The combination of size, location, and waterfront access makes this a rare and highly desirable commercial offering. The expansive acreage provides ample room for expansion or future development. Don't miss this chance to acquire a prime commercial property with significant upside potential in a thriving Maine community. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $455,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $535,000
- 7%
- $545,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $615,000
- Retail
- $595,000
- Mixed-Use
- $585,000
- Hospitality
- $630,000
- Educational
- $610,000
- Residential Income
- $605,000
- Energy
- $605,000
- Income-Based Land
- $485,000
- Food Service
- $455,000
Location Insight
- Map
- Local Demand
- City
- Casco
- County
- Cumberland
- State
- Maine
- Longitude
- -70.5116
- Latitude
- 43.9129
- CBSA code
- 38860
- CBSA name
- PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA