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Property profile & analytics
OFF-MARKET
Estimated value
$1,820,000
Commercial real estate
1 Dogwood Dr Annandale, NJ 08801
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1212944
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
5,184 SF
Lot
2.21 ac (96,268 SF)
Zoning code
OB1
APN
06 00029-0000-00012
UPID
US59-1212944
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
-
ImageCare Brems Hunterdon Medical Clinic
-
Hunterdon Radiological Associates Medical Clinic
-
Dr. Andrea E. Lyons, MD Physician
-
Dr. Jared Saul, MD Physician Medical Clinic
-
Dr. Kevin J. Roche, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.82M
Owner & transaction history
Walz Capital Annandale LLC · 2 yrs held
Walz Capital Annandale LLC
since 2023
Last sale
$1.9M
4 recorded transactions
Zoning & alternative use
OB1 · Annandale, 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 Annandale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Annandale 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
$1,735,000
ML approach
$1,695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.82M
Range $1.64M – $2.00M · ±10% · vs last sale $1.93M (Dec 21 2023)
Last sale anchor
$1.93M
Dec 21 2023
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
$351 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$26,870
Tax year 2022
Assessed value
$956,900
Assessed 2023
Previous assessed
$956,900
+0.0% YoY
Effective rate
2.81%
On assessed value
Assessed land
$375,700
Assessed improvement
$581,200
Land market value
$375,700
Improvement market value
$581,200
Total market value
$956,900
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Off-Market
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Total area
5,184 SF
Lot
2.21 ac (96,268 SF)
Zoning code
OB1
APN
06 00029-0000-00012
UPID
US59-1212944
Jurisdiction
HUNTERDON
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
OB1 · Annandale, NJ
Zoning OB1 · permitted uses
OB1 · Annandale, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Annandale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Units
1
Lot
2.21 ac
Current owner
From public records · entity-resolved
Walz Capital Annandale LLC
Entity
Mailing address
3621 N WILTON AVE APT #3, CHICAGO, IL 60613-7317
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
$1,930,000
Walz Capital Annandale LLC
1 Dogwood Drive LLC
Deed
$1,351,000 · Josl Lackey
Oct 21, 2022
$1,125,000
1 Dogwood Drive LLC
Brems Group LLC
Bargain And Sale Deed
$900,000 · Fulton Bank NA
—
—
Brems Group LLC
—
Deed Of Trust
related
$100,000 · Sun National Bank
—
—
Brems Group LLC
—
Deed Of Trust
related
$675,000 · Unity Bank
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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