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Property profile & analytics
FOR LEASE
Warehouses
122 Kissel Rd Burlington, NJ 08016
Entity Owned
10-yr Hold
Free & Clear
Property ID
US59-2777299
For Lease
1 / 2
$1,410,000
122 Kissel Rd, Burlington, NJ 08016
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
23,648 SF
Lot
15.78 ac (687,333 SF)
Zoning code
I-1
APN
06 00120- 01-00005- 27
UPID
US59-2777299
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
-
Samseng Tissue Co. Mill
-
DeltaPaper Corporation Mill
-
Allied Van Lines Moving Company
-
Pottery Pots USA Inc. Big Box & Wholesale Store
-
Delta paper Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.74M
Blend (final)
Blend
$1.41M
Owner & transaction history
Big Box Property Owner A LLC · 10 yrs held
Big Box Property Owner A LLC
since 2016
6 recorded transactions
Zoning & alternative use
I-1 · Burlington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.8M
+63.1%
Retail stores
$1.5M
+33.7%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$1,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,090,000
Current use
INDUSTRIAL (GENERAL)
$1,780,000
Change: +63% · Conversion: Easy
RETAIL STORES
$1,460,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±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
$60 / 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
$166,038
Tax year 2022
Assessed value
$5,583,000
Assessed 2023
Previous assessed
$5,583,000
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$919,500
Assessed improvement
$4,663,500
Land market value
$919,500
Improvement market value
$4,663,500
Total market value
$5,583,000
Applied tax rate
6.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1985
Heating
NONE
Total area
23,648 SF
Lot
15.78 ac (687,333 SF)
Zoning code
I-1
APN
06 00120- 01-00005- 27
UPID
US59-2777299
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Burlington, NJ
Zoning I-1 · permitted uses
I-1 · Burlington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
RETAIL STORES
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
1985
Heating
NONE
Lot
15.78 ac
Current owner
From public records · entity-resolved
Big Box Property Owner A LLC
Entity
Free & Clear · 10 yrs held
Mailing address
100 W MATSONFORD RD, RADNOR, PA 19087-4558
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2024
—
Big Box Property Owner A LLC
—
Deed
related
$726,000,000 · New York Life Insurance Company
Jan 21, 2016
$9,400,000
Big Box Property Owner A LLC
Exeter 122 Kissel LLC
Grant Deed
—
Feb 11, 2013
$61,800
Exeter 122 Kissel LLC
Widzenas,thomas E
Grant Deed
—
Feb 11, 2013
—
Exeter 122 Kissel LLC
Exeter 122 Kissel LLC
Quit Claim Deed
related
—
Jun 10, 2008
$7,000,000
Exeter 122 Kissell LLC
122 Kissel Road Associates LLC
Grant Deed
related
—
—
—
Exeter 122 Kissell LLC
—
Deed Of Trust
related
$75,000 · Bank Of America
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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