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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Commercial real estate
104 Kings Hwy Moorestown, NJ 08057-2681
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1499617
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
6,918 SF
Lot
1.3 ac (56,598 SF)
APN
22 02900-0000-00003
UPID
US59-1499617
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
-
Driben Charles J DVM Veterinary Clinic
-
Burl-Moor-Driben Animal Hospital, LLC Veterinary Clinic
-
Driben Ian J DVM Veterinary Clinic
-
Goedeke Elizabeth E DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$905k
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$920k
Owner & transaction history
Ian J Driben · 2 yrs held
Ian J Driben
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+21.5%
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 Moorestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorestown 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%
$980,000
6.5%
$905,000
7%
$840,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,055,000
Current use
OFFICE BUILDING
$1,285,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$905,000
Change: -14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$885,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±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
$133 / 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
$23,284
Tax year 2022
Assessed value
$855,100
Assessed 2023
Previous assessed
$855,100
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$252,800
Assessed improvement
$602,300
Land market value
$252,800
Improvement market value
$602,300
Total market value
$855,100
Applied tax rate
22.0000
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
Heating
NONE
Stories
2
Total area
6,918 SF
Lot
1.3 ac (56,598 SF)
APN
22 02900-0000-00003
UPID
US59-1499617
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$905,000
INDUSTRIAL (GENERAL)
Est. value
$885,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1950
Heating
NONE
Stories
2
Lot
1.3 ac
Current owner
From public records · entity-resolved
Ian J Driben
Individual
Mailing address
11 STOCKTON DR, VOORHEES, NJ 08043-3941
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2024
$1,750,000
Ian J Driben
Brenda Driben
Deed
related
—
Feb 14, 2018
—
Brenda Driben
—
Deed
related
$100,000 · Oceanfirst Bk
—
—
Brenda Driben
—
Deed Of Trust
related
$75,000 · Citizens Bank Pennsylvania
—
—
Brenda Driben
—
Deed Of Trust
related
$463,000 · Citizens Bk/pa
—
—
Brenda Driben
—
Deed Of Trust
related
$100,000 · Oceanfirst Bk
—
—
Brenda Driben
—
Deed Of Trust
related
$591,000 · Citizens Bank Pennsylvania
—
—
Brenda Driben
—
Deed Of Trust
related
$246,000 · Sterling Bank
—
—
Brenda Driben
—
Deed Of Trust
related
$115,000 · Sterling 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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