27 Roosevelt TrlCasco, ME 04015

Property Details for 27 Roosevelt Trl

Year built

1995

Construction

FRAME

Lot size

2.99 AC

Property size (Sq ft)

13,880 SF

Zone code

10

Property type

Retail properties

Property subtype

Other 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.

• CAP approach

  CAP return

  Valuation

  6%

  $3,373,324

  6.5%

  $3,113,838

  7%

  $2,891,421

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,570,173

  Geo Method

  $4,570,173

• Alternative Use

  Use

  Valuation

  Residential

  $2,626,639

  Hospitality

  $2,405,987

  Educational

  $2,001,753

  Medical

  $2,070,596

  Retail

  $3,113,838

Location Insight

City

Casco

County

Cumberland

State

Maine

Latitude

43.9129

Longitude

-70.5116

CBSA code

38860

CBSA name

PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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