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    1000 Airport Rd Lakewood, NJ 08701-5960
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    Property profile & analytics

    1000 Airport Rd, Lakewood, NJ 08701-5960

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    • Industrial properties
    • 57,330 SF
    • 4.99 lot acres
    Off-Market
    Last Sale Nov 10, 2020
    $9,750,000
    Property ID
    US59-1561758
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $11,495,000
    Show details
    Cap Rate Potential
    4.7%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Automotive Parts Unlimited LLC / Corporate Office
    • Global Deals / Warehouse & Storage
    • Express Appliances / Home Appliance Store / Hardware & Home Improvement
    • Ocean Home Health Supply LLC / Medical Supply Store
    • Finishing Systems Inc / Factory / Industrial Manufacturer

    Property Details for 1000 Airport Rd

    Year built
    1970
    Construction
    BRICK
    Lot size
    4.99 lot acres
    Zone code
    M1
    Property type
    Industrial properties
    APN
    15 01160- 04-00062
    APU
    15011600400062

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 9, 2022 — 1750 Cedar Bridge LLC — Deed · related $2.5M · Lakeland Bank
    Nov 10, 2020 — 1000 Airport Road LLC Reynolds Charles JR. Quit Claim Deed · related —
    Nov 10, 2020 $9,750,000 Airport 1000 LLC 1000 Airport Road LLC Deed $6.6M · Lakeland Bank
    Jul 17, 2008 — 1000 Airport Road LLC Reynolds,charles JR Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $13,620,000
      ML approach
      $12,325,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $10,725,000
      6.5%
      $9,900,000
      7%
      $9,195,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $13,617,000
      Market price range: $3.71M - $13.6M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $10,440,000
      Current use
      COMMERCIAL (GENERAL)
      $17,185,000
      Change: +65% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $16,260,000
      Change: +56% Conversion: Difficult
      OFFICE BUILDING
      $13,630,000
      Change: +31% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.181
    Latitude
    40.0567
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $150,612
    $973,100
    $5,626,900
    $6,600,000
    -
    $973,100
    $5,626,900
    $6,600,000
    More about this property
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