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Property profile & analytics
OFF-MARKET
Estimated value
$2,845,000
Commercial real estate
110 Jimmie Leeds Rd Galloway, NJ 08205-9479
Trust Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-2205713
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2009
Lot
1.3 ac (56,628 SF)
Zoning code
PRO
APN
11 00979-0000-00010- 01
UPID
US59-2205713
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
-
AtlantiCare Physician Group Sleep Center Medical Clinic
-
Ashley Roncone Physician
-
AtlantiCare Urgent Care Galloway Medical Clinic
-
Dr. Nadia Sadik Physician
-
Dr. Thomas Armbruster Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.85M
Owner & transaction history
David Klein 2020 Trust · 2 yrs held
David Klein 2020 Trust
since 2024
Last sale
$2.8M
4 recorded transactions
Zoning & alternative use
PRO · Galloway, 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 Galloway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galloway 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
$2,845,000
ML approach
$2,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.85M
Range $2.56M – $3.13M · ±10% · vs last sale $2.85M (May 16 2024)
Last sale anchor
$2.85M
May 16 2024
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
—
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
$48,165
Tax year 2022
Assessed value
$1,500,000
Assessed 2023
Previous assessed
$1,500,000
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$134,800
Assessed improvement
$1,365,200
Land market value
$134,800
Improvement market value
$1,365,200
Total market value
$1,500,000
Applied tax rate
11.0000
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
2009
Heating
NONE
Stories
1
Units
1
Lot
1.3 ac (56,628 SF)
Zoning code
PRO
APN
11 00979-0000-00010- 01
UPID
US59-2205713
Jurisdiction
ATLANTIC
Zoning & alternative use
PRO · Galloway, NJ
Zoning PRO · permitted uses
PRO · Galloway, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Galloway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Stories
1
Units
1
Lot
1.3 ac
Current owner
From public records · entity-resolved
David Klein 2020 Trust
Trust
Mailing address
2500 ENGLISH CRK AVE STE #500, EGG HARBOR TOWNSHIP, NJ 08234-5549
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
David Klein 2020 Trust
Ogontz Partners 2 LLC
Bargain And Sale Deed
—
May 16, 2024
$2,847,455
Atlanticare Health Services INC
A&s Ryan LLC
Bargain And Sale Deed
—
Aug 21, 2020
—
As Ryan LLC
110 Jlr LLC
Grant Deed
related
—
—
—
110 Jlr LLC
—
Deed Of Trust
related
$1,400,000 · Ocean Cty(nj) Hm Bk
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.
Try Rey
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