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Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Commercial real estate
10 Black Horse Pike Pleasantville, NJ 08232-2760
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-1843781
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Construction
CONCRETE BLOCKS
Total area
31,036 SF
Lot
1.18 ac (51,401 SF)
Zoning code
UEZC
APN
19 00075-0000-00033
UPID
US59-1843781
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$1.57M
Owner & transaction history
Smh Family LLC · 3 yrs held
Smh Family LLC
since 2023
7 recorded transactions
Zoning & alternative use
UEZC · Pleasantville, 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 Pleasantville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasantville 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±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
$51 / 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
$73,260
Tax year 2022
Assessed value
$1,483,900
Assessed 2023
Previous assessed
$1,483,900
+0.0% YoY
Effective rate
4.94%
On assessed value
Assessed land
$354,000
Assessed improvement
$1,129,900
Land market value
$354,000
Improvement market value
$1,129,900
Total market value
$1,483,900
Applied tax rate
19.0000
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
Off-Market
Year built
1950
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
31,036 SF
Lot
1.18 ac (51,401 SF)
Zoning code
UEZC
APN
19 00075-0000-00033
UPID
US59-1843781
Jurisdiction
ATLANTIC
Zoning & alternative use
UEZC · Pleasantville, NJ
Zoning UEZC · permitted uses
UEZC · Pleasantville, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pleasantville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Smh Family LLC
Entity
Mailing address
301 N THURLOW AVE, MARGATE CITY, NJ 08402-1219
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2023
—
Smh Family LLC
Michel Sacks
Deed
—
May 3, 2006
—
Melvin R Parlin
—
Deed Of Trust
related
$1,500,000 · Boardwalk Bank
Aug 18, 2005
—
Melvin Parlin
Estate Of Arthur A Handler
Intrafamily Transfer
related
$80,000 · City Of Pleasantville
—
—
Melvin R Parlin
—
Loan Modification
related
$296,271 · Pleasantville Urban Ents Zone
—
—
Melvin Parlin
—
Deed Of Trust
related
$1,790,000 · Parke Bank
—
—
Melvin R Parlin
—
Deed Of Trust
related
$30,000 · Commerce Bank Of North America
—
—
Melvin R Parlin
—
Deed Of Trust
related
$350,000 · City Of Pleasantville
—
—
Melvin R Parlin
—
Deed Of Trust
related
$800,000 · Cape Bank
—
—
Melvin R Parlin
—
Deed Of Trust
related
$250,000 · Commerce Bank NA
—
—
Melvin R Parlin
—
Deed Of Trust
related
$200,000 · Commerce Bank NA
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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