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Property profile & analytics
OFF-MARKET
Estimated value
$3,480,000
Industrial properties
104 Demarest Rd Sparta, NJ 07871-4407
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-3046719
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Total area
45,445 SF
Lot
8.65 ac (376,794 SF)
Zoning code
ED
APN
18 12002-0000-00012
UPID
US59-3046719
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
-
Techflex Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.58M
Blend (final)
Blend
$3.48M
Owner & transaction history
Demarest Holdings LLC · 4 yrs held
Demarest Holdings LLC
since 2022
7 recorded transactions
Zoning & alternative use
ED · Sparta, 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 Sparta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sparta 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,310,000
Current use
Blend value · Realmo final
$3.48M
Range $3.13M – $3.83M · ±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
$77 / 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
$97,539
Tax year 2022
Assessed value
$2,867,100
Assessed 2023
Previous assessed
$2,867,100
+0.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$625,600
Assessed improvement
$2,241,500
Land market value
$625,600
Improvement market value
$2,241,500
Total market value
$2,867,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1979
Heating
NONE
Stories
9
Total area
45,445 SF
Lot
8.65 ac (376,794 SF)
Zoning code
ED
APN
18 12002-0000-00012
UPID
US59-3046719
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
ED · Sparta, NJZoning ED · permitted uses
ED · Sparta, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.3M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
9
Lot
8.65 ac
Current owner
From public records · entity-resolved
Demarest Holdings LLC
Entity
Mailing address
104 DEMAREST RD, SPARTA, NJ 07871-4407
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2022
—
Demarest Holdings LLC
Wt Sparta Holdings LLC
Correction Deed
related
$12,000,000 · Lakeland Bank
Sep 24, 2019
—
Demarest Holdings LLC
Demarest Holdings LLC
Quit Claim Deed
related
—
Aug 22, 2013
—
Demarest Holdings LLC
—
Grant Deed
related
$2,800,000 · Lakeland Bank
Jan 9, 2012
$2,000,000
Demarest Holdings LLC
Hanover Properties LLC
Grant Deed
related
$1,600,000 · Lakeland Bank
Oct 31, 2007
$3,500,000
Hanover Properties LLC
Sparta-hawthorne Realty Co INC
Grant Deed
$2,625,000 · North Fork Bank
Jan 23, 2006
$1
Sparta-hawthorne Realty Co INC
Sparta-hawthorne Realty Co INC
Grant Deed
related
—
—
—
Sparta Hawthorne Realty Co INC
—
Deed Of Trust
related
$1,500,000 · Sussex 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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