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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Assisted living facilities
70 Fairview Dr Fryeburg, ME 04037-1524
Individually Owned
12-yr Hold
Free & Clear
Property ID
US42-0006949
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
FRAME
Total area
24,655 SF
Lot
8.1 ac (352,836 SF)
APN
FRYE M:009 L:038-A00
UPID
US42-0006949
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
-
Bella Point Fryeburg Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
David R Hicks · 12 yrs held
David R Hicks
since 2014
7 recorded transactions
Zoning & alternative use
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 Fryeburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fryeburg 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
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$31 / 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
$31,345
Tax year 2023
Assessed value
$1,899,700
Assessed 2023
Previous assessed
$1,899,700
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$61,200
Assessed improvement
$1,838,500
Applied tax rate
26,910.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
1
Units
1
Total area
24,655 SF
Lot
8.1 ac (352,836 SF)
APN
FRYE M:009 L:038-A00
UPID
US42-0006949
Jurisdiction
FRYEBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
STEAM
Stories
1
Buildings
1
Units
1
Lot
8.1 ac
Current owner
From public records · entity-resolved
David R Hicks
Individual
Free & Clear · 12 yrs held
Mailing address
PO BOX 1228, CAMDEN, ME 04843-1228
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 27, 2023
—
Bella Point Fryeburg LLC
—
Deed
related
$4,672,100 · Key Bank NA
Aug 12, 2020
—
Bella Point Fryeburg LLC
—
Deed
related
$10,200,000 · Keybank USA
Dec 16, 2019
—
Bella Point Fryeburg LLC
—
Deed
related
$850,000 · Keybank USA
Apr 11, 2014
—
David R Hicks
Fryeburg Health Care Ctr
Warranty Deed
related
—
—
—
Bella Point Fryeburg LLC
—
Deed Of Trust
related
$850,000 · Keybank USA
—
—
Fryeburg Health Care Associate
—
Deed Of Trust
related
$4,870,000 · Camden Nat'l Bk
—
—
Bella Point Fryeburg LLC
—
Deed Of Trust
related
$10,200,000 · 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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