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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Investment properties
317 Foreside Rd Falmouth, ME 04105-1431
Entity Owned
4-yr Hold
Free & Clear
Property ID
US42-0318169
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Construction
FRAME
Total area
2,836 SF
Lot
0.36 ac (15,682 SF)
Zoning code
RA
APN
FMTH M:U18 B:013
UPID
US42-0318169
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$555k
Blend (final)
Blend
$580k
Owner & transaction history
Lux LLC · 4 yrs held
Lux LLC
since 2021
3 recorded transactions
Zoning & alternative use
RA · Falmouth, ME
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 Falmouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Falmouth 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
$390,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$505,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$610,000
Current use
RETAIL STORES
$575,000
Change: -6% · Conversion: Easy
OFFICE BUILDING
$520,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$205 / 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
$10,975
Tax year 2023
Assessed value
$868,300
Assessed 2023
Previous assessed
$863,400
+0.6% YoY
Effective rate
1.26%
On assessed value
Assessed land
$343,600
Assessed improvement
$524,700
Applied tax rate
24,495.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
2
Stories
2
Units
4
Total area
2,836 SF
Lot
0.36 ac (15,682 SF)
Zoning code
RA
APN
FMTH M:U18 B:013
UPID
US42-0318169
Jurisdiction
FALMOUTH
Zoning & alternative use
RA · Falmouth, ME
Zoning RA · permitted uses
RA · Falmouth, ME
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Falmouth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$610,000
RETAIL STORES
Est. value
$575,000
OFFICE BUILDING
Est. value
$520,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1930
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
2
Units
4
Lot
0.36 ac
Current owner
From public records · entity-resolved
Lux LLC
Entity
Free & Clear · 4 yrs held
Mailing address
317 FORESIDE RD, FALMOUTH, ME 04105-1431
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2021
—
Lux LLC
Apex Luxury Rentals LLC
Quit Claim Deed
related
—
Jan 9, 2014
—
317 Foreside C&m LLC
Hiram Cottage Properties
Warranty Deed
related
$72,000 · Hiram Cottage Properties LLC
Jul 16, 2008
—
317 Foreside LLC
Wyman,terry P
Warranty Deed
$585,000 · Saco & Biddeford Savings
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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