Property profile

4 School House Dr Falmouth, ME 04105

OFF-MARKET
Assisted living facilities
Property ID
US42-0752200
25,493 SF 1.66 ac lot Built 2014
Individually Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2014
Construction FRAME
Total area 25,493 SF
Lot 1.66 ac (72,310 SF)
Zoning code ESRD
APN FMTH M:U27 B:003 L:J
UPID US42-0752200

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4 School House Dr Falmouth, ME 04105-1994
Falmouth metro Census 2504 PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.04M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.04M

Owner & transaction history

Zoning & alternative use

ESRD · Falmouth, ME
Zoning description

The District is established to redevelop the area on thesiteof the historic Plummer, Mason-Motz and Lunt Schools. The site is unique due to thetype, size and placement ofbuildings, the history of use of the property as e…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Industrial (general) $1.4M +58.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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