770 Roosevelt TrlWindham, ME 04062

  • Commercial real estate
  • 24.90 AC

Property Details for 770 Roosevelt Trl

Lot size
24.90 AC
Zone code
C-1
Property type
Commercial real estate
APN
WINM M:70 B:1 L:A
APU
WINMM70B1LA

Description

This exceptional 0.61± acre commercial land parcel, identified as Map 70, Lot 1A, presents a unique investment opportunity in the thriving Windham, Maine market. Located at 770 Roosevelt Trail Outparcel (Route 302), this C-1 zoned property is part of a larger 24.9± acre site anchored by established national retailers such as Shaw's, CVS, Staples, Loyal Companion, and Windham Billiards. The high-traffic location on Roosevelt Trail ensures significant visibility and accessibility, benefiting from the proximity to other major businesses including Walmart, McDonald's, Bank of America, AutoZone, Walgreens, Bangor Savings Bank, TD Bank, Home Depot, and Lowe's. This pad site is ideal for quick-service restaurants (QSR) or other complementary retail uses, offering significant potential for growth and return on investment. The property's ownership is held by B33 Windham II, LLC. Its strategic location within a well-established retail center and its proximity to a dense population base make this an attractive proposition for discerning investors seeking a prime commercial land opportunity in a rapidly developing area of Cumberland County, Maine, zip code 04062. The property's coordinates are 43.8354538 latitude and -70.4431348 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $205,257,072
    Hospitality
    $188,014,368
    Educational
    $156,425,744
    Medical
    $161,805,472
    Retail
    $243,328,944

Location Insight

City
Windham
County
Cumberland
State
Maine
Latitude
43.835
Longitude
-70.4427
CBSA code
38860
CBSA name
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$133,246
$3,479,700
$8,417,300
$11,897,000
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