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    Listings

    For Sale (18)

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    Millstone Land Subdivision Opportunity
    $850,000
    8.00 Acres

    Millstone Land Subdivision Opportunity

    8+ acre land parcel in Millstone, NJ for sale.

    16 Hidden Pines Dr, Millstone, NJ 08510
    View details
    Updated Two-Family Home with Garage
    $849,000
    1,499 SF

    Updated Two-Family Home with Garage

    High-income two-family home with attached four-car garage.

    49 Middlesex Rd, Matawan, NJ 07747
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    Prime Corner Lot in Matawan
    $300,000
    0.34 Acres

    Prime Corner Lot in Matawan

    Corner lot in established neighborhood, convenient to transportation and shopping.

    48 Charles St, Matawan, NJ 07747
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    Millstone Land Subdivision Opportunity
    $850,000
    8.00 Acres

    Millstone Land Subdivision Opportunity

    8+ acre farm parcel in Millstone, NJ, subdividable into two lots.

    16 Hidden Pines Dr, Millstone, NJ 08510
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    High-Income Two-Family with Garage
    $849,000
    1,499 SF

    High-Income Two-Family with Garage

    Updated duplex with strong cash flow and garage income.

    49-B Middlesex Rd, Old Bridge, NJ 07747
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    Hamtramck Commercial Property on Conant
    $549,999
    6,016 SF

    Hamtramck Commercial Property on Conant

    Versatile commercial property on vibrant Conant Street, Hamtramck.

    9819 Conant St, Hamtramck, MI 48212
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    Side-by-Side Duplex in Bound Brook
    $649,000
    1,904 SF

    Side-by-Side Duplex in Bound Brook

    Two-unit duplex with updated features and rental income potential.

    27-29 Fisher Ave, Bound Brook, NJ 08805
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    Established Retail Business Opportunity
    $1,400,000
    1,743 SF

    Established Retail Business Opportunity

    Pet specialty retail business for sale in coastal destination.

    15 Morris Ave, Long Branch, NJ 07740
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    Approved Land in Medical Corridor
    $850,000
    9,670 SF

    Approved Land in Medical Corridor

    Approved land for a two-story professional building in Toms River.

    354 Lakehurst Rd, Toms River, NJ 08755
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    Land in Manchester Township, NJ
    $298,800
    5.00 Acres

    Land in Manchester Township, NJ

    One acre of land suitable for homeowner, builder, or investor.

    40 Schoolhouse Rd, Manchester Township, NJ 08759
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    Detroit Mixed-Use Redevelopment Opportunity
    $899,999
    3,435 SF

    Detroit Mixed-Use Redevelopment Opportunity

    3,435 SF building on 0.44 acres in evolving Midtown.

    666 Peterboro St, Detroit, MI 48201
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    Established Retail Business For Sale
    $1,400,000
    1,743 SF

    Established Retail Business For Sale

    Pet specialty retail business in a prime coastal location.

    15 Morris Ave, Long Branch, NJ 07740
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    Dental Office with Examining Rooms
    $475,000
    1,561 SF

    Dental Office with Examining Rooms

    Dental office featuring five private examining rooms for sale or rent.

    82 W Main St, Freehold, NJ 07728
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    Established Retail Business For Sale
    $1,400,000

    Established Retail Business For Sale

    Pet specialty retail business in a prime coastal location.

    15 Morris Ave, Long Branch, NJ 07740
    View details
    Corner Lot Industrial Property
    Contact for pricing
    2,592 SF

    Corner Lot Industrial Property

    Industrial property with secure yard and excellent accessibility.

    858 Eastland Dr S, Twin Falls, ID 83301
    View details
    Dental Office with Examining Rooms
    $475,000
    1,561 SF

    Dental Office with Examining Rooms

    Dental office featuring five private examining rooms for sale.

    82 W Main St, Freehold, NJ 07728
    View details
    Approved Land in Medical Corridor
    $850,000

    Approved Land in Medical Corridor

    0.42 acre approved land parcel in medical corridor.

    354 Lakehurst Rd, Toms River, NJ 08755
    View details
    Updated Two-Family Home with Garage
    $849,000
    1,499 SF

    Updated Two-Family Home with Garage

    High-income producing two-family home with a rare attached garage.

    49 Middlesex Rd, Matawan, NJ 07747
    View details

    For Lease (2)

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    Dearborn Office Suite For Rent
    $1,200 / Mo
    5,940 SF

    Dearborn Office Suite For Rent

    Upper-level office suite featuring four private offices, move-in ready.

    10800 W Warren Ave, Dearborn, MI 48126
    View details
    Wyandotte Retail Space for Rent
    $2,000 / Mo
    3,368 SF

    Wyandotte Retail Space for Rent

    Retail property in Wyandotte, MI, with 3368 square feet.

    2909 Biddle Ave, Wyandotte, MI 48192
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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