Technical
Financial
Distress signals
Property profile

11 Leonard St Metuchen, NJ 08840

OFF-MARKET
Industrial properties
Property ID
US59-1216432
7,300 SF 0.46 ac lot
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Total area 7,300 SF
Lot 0.46 ac (20,000 SF)
APN 09 00048- 01-00061- 02
UPID US59-1216432

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

11 Leonard St Metuchen, NJ 08840-1219
Metuchen metro Census 2000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.26M
Comparable Approach Comparable
$942k
Blend (final) Blend
$430k

Owner & transaction history

since 2014
1 recorded transaction
2014
$660,000

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.8M +10.7%
Commercial (general) $1.6M +0.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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