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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Assisted living facilities
305 Vance St Fremont, NC 27830
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-4161623
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1981
Construction
WOOD
Total area
4,448 SF
Lot
0.56 ac (24,265 SF)
Zoning code
R6
APN
3605531067
UPID
US53-4161623
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
-
Wayne County Rest Villas Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
A Plus Home Care Agency LLC · 1 yrs held
A Plus Home Care Agency LLC
since 2025
Last sale
$1.8M
2 recorded transactions
Zoning & alternative use
R6 · Fremont, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district shall be to provide an area where single-family dwellings on existing small lots can be compatibility mixed with two-family and multi-family dwellings by requiring adequate controls to ensure that high density residential development will not be detrimental to the neighborhood. Additional small development will be discouraged
Zone name
Residential 6
General category
RESIDENTIAL
Zone area
62.28 ac
Source
Realmo
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 Fremont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fremont 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
$1,705,000
ML approach
$1,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.80M (Apr 17 2025)
Last sale anchor
$1.80M
Apr 17 2025
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
$393 / 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
$8,854
Tax year 2023
Assessed value
$622,430
Assessed 2024
Previous assessed
$622,430
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$25,000
Assessed improvement
$597,430
Land market value
$25,000
Improvement market value
$597,430
Total market value
$622,430
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Units
6
Total area
4,448 SF
Lot
0.56 ac (24,265 SF)
Zoning code
R6
APN
3605531067
UPID
US53-4161623
Jurisdiction
WAYNE
Zoning & alternative use
R6 · Fremont, NCZoning R6 · permitted uses
R6 · Fremont, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district shall be to provide an area where single-family dwellings on existing small lots can be compatibility mixed with two-family and multi-family dwellings by requiring adequate controls to ensure that high density residential development will not be detrimental to the neighborhood. Additional small development will be discouraged
Zone name
Residential 6
General category
RESIDENTIAL
Zone area
62.28 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Units
6
Lot
0.56 ac
Current owner
From public records · entity-resolved
A Plus Home Care Agency LLC
Entity
Mailing address
PO BOX 878, OAK RIDGE, NC 27310-0878
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2025
$1,800,000
A Plus Home Care Agency LLC
Fremont Properties LLC
Special Warranty Deed
$1,640,500 · Bank Of Oak Ridge
Oct 15, 2021
—
Fremont Properties LLC
—
Deed
related
$10,700,000 · The Fidelity Bank
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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