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Property profile & analytics
OFF-MARKET
Office buildings
585 Roosevelt Trl Windham, ME 04062-4908
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US42-0395516
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Construction
FRAME
Total area
3,712 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RM
APN
WINM M:51 B:56
UPID
US42-0395516
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
Current use
Occupant on record · Public records
-
BNI Maine Business Networking Company Business Development Service
-
The Windham Eagle Newspaper Publishing House Newspaper & Magazine
-
2.0 Fitness Gym & Fitness Center
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
Mank Properties LLC · 3 yrs held
Mank Properties LLC
since 2023
Last sale
$368,000
7 recorded transactions
Zoning & alternative use
RM · Windham, ME
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
tricts. § 120-405 Shoreland zoning districts. § 120-406 Farm District (F). note § 120-407 Farm-Residential District (FR). § 120-408 Light-Density Residential District (RL). § 120-409 Medium-Density Residential District (RM). note § 120-410 Commercial District I (C-1). note § 120-410.1 Commercial District I North (C-1N). note § 120-411 Commercial District II…
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
1,720.65 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Windham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,449
Tax year 2023
Assessed value
$397,200
Assessed 2023
Previous assessed
$379,500
+4.7% YoY
Effective rate
1.12%
On assessed value
Assessed land
$133,500
Assessed improvement
$263,700
Applied tax rate
86,025.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
1
Units
3
Total area
3,712 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RM
APN
WINM M:51 B:56
UPID
US42-0395516
Jurisdiction
WINDHAM
Zoning & alternative use
RM · Windham, MEZoning RM · permitted uses
RM · Windham, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
tricts. § 120-405 Shoreland zoning districts. § 120-406 Farm District (F). note § 120-407 Farm-Residential District (FR). § 120-408 Light-Density Residential District (RL). § 120-409 Medium-Density Residential District (RM). note § 120-410 Commercial District I (C-1). note § 120-410.1 Commercial District I North (C-1N). note § 120-411 Commercial District II (C-2). note § 120-411.1 Commercial District IV (C-4). § 120-412 Commercial Distric
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
1,720.65 ac
Building & site characteristics
From public records
Year built
1971
Construction
FRAME
Heating
BASEBOARD
Stories
1
Buildings
1
Units
3
Lot
0.92 ac
Current owner
From public records · entity-resolved
Mank Properties LLC
Entity
Mailing address
585 ROOSEVELT TRL, WINDHAM, ME 04062-4908
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Mank Properties LLC
—
Deed
related
$142,500 · Kennebec Savings Bank
Feb 14, 2023
$368,000
Mank Properties LLC
Simple Enterprises LLC
Warranty Deed
$294,400 · Key Bank NA
Jan 2, 2020
—
Simple Ents LLC
—
Deed
related
$50,000 · Mechanics S&l Fsa
Nov 14, 2019
—
Simple Ents LLC
—
Deed
related
$203,926 · Mechanics S&l Fsa
Nov 1, 2005
—
585 Roosevelt LLC
Peterson,thomas J
Warranty Deed
related
—
—
—
Simple Ents LLC
—
Deed Of Trust
related
$50,000 · Mechanics S&l Fsa
—
—
Simple Ents LLC
—
Deed Of Trust
related
$203,926 · Mechanics S&l Fsa
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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