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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Assisted living facilities
1001 Northside Dr Fredericksburg, VA 22405-2615
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US87-1286718
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1995
Construction
TYPE NOT SPECIFIED
Total area
16,481 SF
Lot
4.99 ac (217,164 SF)
Zoning code
R1- SUBURB RES
APN
54-45C
UPID
US87-1286718
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
-
Commonwealth Senior Living at Fredericksburg Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$685k
Owner & transaction history
Fredericksburg Al Propco LLC · 1 yrs held
Fredericksburg Al Propco LLC
since 2024
7 recorded transactions
Zoning & alternative use
R1- SUBURB RES · Fredericksburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Fredericksburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fredericksburg 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
Method
Estimation
Statistic approach
by Request
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,125,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$42 / SF
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
$34,641
Tax year 2023
Assessed value
$4,171,000
Assessed 2024
Previous assessed
$3,665,700
+13.8% YoY
Effective rate
0.83%
On assessed value
Assessed land
$442,200
Assessed improvement
$3,728,800
Land market value
$442,200
Improvement market value
$3,728,800
Total market value
$4,171,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1995
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
16,481 SF
Lot
4.99 ac (217,164 SF)
Zoning code
R1- SUBURB RES
APN
54-45C
UPID
US87-1286718
Jurisdiction
STAFFORD
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
R1- SUBURB RES · Fredericksburg, VAZoning R1- SUBURB RES · permitted uses
R1- SUBURB RES · Fredericksburg, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.1M
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Construction
TYPE NOT SPECIFIED
Heating
YES
Cooling
Yes
Stories
1
Lot
4.99 ac
Current owner
From public records · entity-resolved
Fredericksburg Al Propco LLC
Entity
Mailing address
534 E MAIN ST STE B, CHARLOTTESVILLE, VA 22902-5395
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2024
$4,931,870
Fredericksburg Al Propco LLC
Care Gsl Fredericksburg LP
Special Warranty Deed
$60,000,000 · Deutsche Bank National Trust Co
Oct 31, 2016
—
Care Gsl Fredericksburg LLC
—
Deed
related
$5,587,000 · Keybank USA
Sep 27, 2011
$4,920,000
Care Gsl Fredericksburg LLC
Greenfield Assisted Living Of Fre
Grant Deed
$15,497,596 · Key Bank & Trust
Feb 1, 2011
—
Greenfield Assisted Living Of Fre
—
Deed Of Trust
related
$4,000,000 · Columbia Bank
—
—
Care Gsl Fredericksburg LLC
—
Deed Of Trust
related
$3,533,654 · Key Bank & Trust
—
—
Care Gsl Fredericksburg LLC
—
Deed Of Trust
related
$3,591,000 · Keycorp R E Capital Marketing
—
—
Mary V Phillippe
—
Deed Of Trust
related
$250,000 · Branch Banking & Trust Co Va
—
—
Care Gsl Fredericksburg LLC
—
Deed Of Trust
related
$5,587,000 · Keybank USA
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.
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