New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,480,000
Retail space
1 Shoppers Ln 15, Blackwood, NJ 08012-1400
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1059990
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
6.34 ac (276,170 SF)
Zoning code
SC
APN
18 00195-0000-00016
UPID
US59-1059990
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
-
Royal Bargains Dollar Store Discount Store
-
Royal Bargains Discount & Party Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.48M
Owner & transaction history
Turnersville Square Acquisition LLC · 3 yrs held
Turnersville Square Acquisition LLC
since 2022
Last sale
$3.4M
5 recorded transactions
Zoning & alternative use
SC · Blackwood, 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 Blackwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blackwood 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
$3,870,000
ML approach
$3,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.48M
Range $3.13M – $3.83M · ±10% · vs last sale $3.44M (Nov 29 2022)
Last sale anchor
$3.44M
Nov 29 2022
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
—
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
$129,762
Tax year 2022
Assessed value
$3,732,000
Assessed 2023
Previous assessed
$3,732,000
+0.0% YoY
Effective rate
3.48%
On assessed value
Assessed land
$951,000
Assessed improvement
$2,781,000
Land market value
$951,000
Improvement market value
$2,781,000
Total market value
$3,732,000
Applied tax rate
18.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
6.34 ac (276,170 SF)
Zoning code
SC
APN
18 00195-0000-00016
UPID
US59-1059990
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
SC · Blackwood, NJ
Zoning SC · permitted uses
SC · Blackwood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blackwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
6.34 ac
Current owner
From public records · entity-resolved
Turnersville Square Acquisition LLC
Entity
Mailing address
211 MONMOUTH RD #2, WEST LONG BRANCH, NJ 07764-1031
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
—
Turnersville Square Acquisition LLC
Turnersville Square LLC
Deed
—
Nov 29, 2022
$3,444,995
Turnersville Square Acquisition LLC
Turnersville Square LLC
Deed
$3,750,000 · Kearny Bank
Jun 20, 2017
—
Turnerville Squre LLC
—
Deed
related
$1,000,000 · Provident Bank
Nov 12, 2015
$2,500,000
Turnersville Square LLC
Tssc INC
Grant Deed
$1,875,000 · Provident Bk
Jun 23, 2003
$2,000,000
Tssc INC
Btmc Properties Corp
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?”
You own 1 Shoppers Ln, Unit 15?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
