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Property profile & analytics
OFF-MARKET
Estimated value
$6,905,000
Industrial properties
1000 Bennett Blvd Lakewood, NJ 08701-5944
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US59-2244308
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
BRICK
Total area
65,312 SF
Lot
6.57 ac (286,189 SF)
Zoning code
M1
APN
15 01160- 01-00230
UPID
US59-2244308
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
-
Elite Vehicle Solutions Auto Parts Store
-
FedEx Ship Center Courier Service Postal Service
-
Ardom Bearing Group Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.91M
Owner & transaction history
Bennett 1000 LLC · 9 yrs held
Bennett 1000 LLC
since 2017
5 recorded transactions
Zoning & alternative use
M1 · Lakewood, 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 Lakewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakewood 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
$106 / 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
$140,035
Tax year 2022
Assessed value
$6,136,500
Assessed 2023
Previous assessed
$6,136,500
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$1,281,200
Assessed improvement
$4,855,300
Land market value
$1,281,200
Improvement market value
$4,855,300
Total market value
$6,136,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Total area
65,312 SF
Lot
6.57 ac (286,189 SF)
Zoning code
M1
APN
15 01160- 01-00230
UPID
US59-2244308
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
M1 · Lakewood, NJZoning M1 · permitted uses
M1 · Lakewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
6.57 ac
Current owner
From public records · entity-resolved
Bennett 1000 LLC
Entity
Mailing address
PO BOX 17, LAKEWOOD, NJ 08701-0017
Ownership since
2017
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
Apr 5, 2022
—
Airport 750 LLC
—
Deed
related
$54,000,000 · Investors Bank
Oct 31, 2019
—
Airport 725 LLC
—
Deed
related
$40,000,000 · Investors Bank
Feb 7, 2017
$6,300,000
Bennett 1000 LLC
1000 Bennett LLC
Grant Deed
related
—
Feb 8, 2001
—
1000 Bennett LLC
Airport Associates
Grant Deed
related
—
—
—
1000 Bennett LLC
—
Deed Of Trust
related
$2,625,000 · Sunamerica Life Insurance Co
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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