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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Commercial real estate
127 Rte 73 Berlin, NJ 08009-9755
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US59-2096180
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
METAL FRAME
Total area
12,320 SF
Lot
23.25 ac (1,012,770 SF)
Zoning code
PI1
APN
36 04004-0000-00007- 01
UPID
US59-2096180
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.32M
Owner & transaction history
Little Bit Ofl Luck Management LLC · 8 yrs held
Little Bit Ofl Luck Management LLC
since 2017
6 recorded transactions
Zoning & alternative use
PI1 · Berlin, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.1M
+49.1%
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 Berlin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berlin 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
COMMERCIAL (GENERAL)
$1,390,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,075,000
Change: +49% · Conversion: Moderate
OFFICE BUILDING
$1,160,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$107 / 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
$54,634
Tax year 2022
Assessed value
$1,483,800
Assessed 2023
Previous assessed
$1,483,800
+0.0% YoY
Effective rate
3.68%
On assessed value
Assessed land
$690,800
Assessed improvement
$793,000
Land market value
$690,800
Improvement market value
$793,000
Total market value
$1,483,800
Applied tax rate
36.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2006
Construction
METAL FRAME
Heating
NONE
Stories
1
Units
1
Total area
12,320 SF
Lot
23.25 ac (1,012,770 SF)
Zoning code
PI1
APN
36 04004-0000-00007- 01
UPID
US59-2096180
Jurisdiction
CAMDEN
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
PI1 · Berlin, NJ
Zoning PI1 · permitted uses
PI1 · Berlin, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Berlin. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2006
Construction
METAL FRAME
Heating
NONE
Stories
1
Units
1
Lot
23.25 ac
Current owner
From public records · entity-resolved
Little Bit Ofl Luck Management LLC
Entity
Mailing address
2152 BAY RD, MILFORD, DE 19963-6036
Ownership since
2017
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 17, 2017
$1,700,000
Little Bit Ofl Luck Management LLC
Warner Real Estate & Auction Co INC
Deed
$850,000 · M & T Bank
Aug 17, 2017
—
Little Bit Of Luck Mgmt LLC
—
Deed
related
$850,000 · M&t Bk
Mar 13, 2006
$700,000
Camping Hls LLC
Sg Real Estate Holdings LLC
Grant Deed
$1,900,000 · Pnc Bank
—
—
Camping Hls LLC
—
Deed Of Trust
related
$100,000 · The Bank
—
—
Camping Hls LLC
—
Deed Of Trust
related
$100,000 · The Bank
—
—
Little Bit Of Luck Mgmt LLC
—
Deed Of Trust
related
$850,000 · M&t 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.
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