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Property profile & analytics
FOR LEASE
Commercial real estate
15 Kiel Ave Kinnelon, NJ 07405
Entity Owned
Free & Clear
Property ID
US59-0253242
For Lease
1 / 13
Contact for pricing
15 Kiel Ave, Kinnelon, NJ 07405
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
1,529 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
15 45205- 02-00201
UPID
US59-0253242
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
-
Kosarek & Keane Law Firm
-
De Silva Nihal MD Physician
-
Mann Jr George R DDS Dental Office
-
Physicians Health Alliance Physician
-
Godfrey C Pinder Md Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lms Holdings LLC
Lms Holdings LLC
since 2026
Last sale
$200,000
7 recorded transactions
Zoning & alternative use
C · Kinnelon, NJ
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 Kinnelon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kinnelon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,153
Tax year 2022
Assessed value
$260,400
Assessed 2023
Previous assessed
$260,400
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$61,200
Assessed improvement
$199,200
Land market value
$61,200
Improvement market value
$199,200
Total market value
$260,400
Applied tax rate
15.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Heating
NONE
Total area
1,529 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C
APN
15 45205- 02-00201
UPID
US59-0253242
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
C · Kinnelon, NJ
Zoning C · permitted uses
C · Kinnelon, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kinnelon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Lms Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
15 KIEL AVE STE #201, KINNELON, NJ 07405-2557
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2026
$200,345
Lms Holdings LLC
Mann JR George
Deed
—
Sep 26, 2025
$100,000
Aramesh LLC
Kliphouse LLC
Deed
—
Jan 14, 2025
$175,000
16 Kiel Avenue 101 LLC
Kim Caballero
Deed
—
Aug 8, 2023
$160,000
Kliphouse LLC
The Board Room At 15 Kiel LLC
Deed
—
Aug 5, 2021
$200,000
Kiel Properties LLC
Canoma Enterprises LLC
Deed
—
Jun 15, 2021
$116,998
Pes Kinnelon LLC
Richard A Olsommer
Bargain & Sale Deed
—
Jun 15, 2021
—
Richard A Olsommer
Richard A Olsommer
Deed
related
—
Feb 22, 2017
$155,000
Board Room At 15 Kiel LLC
De Silva,nihal & Maya
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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