Entity Owned Property summary
AI-generated overview
This multi-building industrial complex in Millville, New Jersey totals approximately 45.93 acres and about 550,000 square feet, featuring a heavy industrial legacy facility. The site includes in-place electrical power of approximately 59 megawatts with stated potential for additional capacity, and it is supported for loading with 30 dock-high doors and 5 grade-level doors. Warehouse clear heights range from approximately 20 to 60 feet. The property provides dual rail access via Norfolk Southern and CSX for logistics and distribution operations, and it is located within the Wheaton Industrial Park. The site is characterized as suitable for heavy industrial use, with heavy industrial zoning and additional development area that could accommodate future expansion of up to approximately 1,000,000 square feet, subject to applicable approvals.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
27.56 ac (1,200,514 SF)
Zoning code
I-1
APN
10 00260-0000-00005
UPID
US59-1386285
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
-
Corporate Office
-
Hardware & Home Improvement HVAC Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$380k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$380k
Owner & transaction history
since 2017
1 recorded transaction
Zoning & alternative use
I-1 · Millville, NJ
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$380k
Value range
$342k – $418k
±10% around blend
Confidence
Property data
63
Comparable evidence
60
$342k
blend $380k
$418k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
27.56 ac
APN
10 00260-0000-00005
Zoning
I-1
Assessed value
$400,000
Annual tax
$15,164
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$380k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$400k
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$25k
$504k
$360k
$280k
$28k
$560k
$400k
$311k
$31k
$616k
$440k
$342k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$15,164
Tax year 2022
Assessed value
$400,000
Assessed 2023
Previous assessed
$400,000
+0.0% YoY
Effective rate
3.79%
On assessed value
Assessed land
$200,000
Assessed improvement
$200,000
Land market value
$200,000
Improvement market value
$200,000
Total market value
$400,000
Applied tax rate
10.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
1
Lot
27.56 ac (1,200,514 SF)
Zoning code
I-1
APN
10 00260-0000-00005
UPID
US59-1386285
Jurisdiction
CUMBERLAND
Zoning & alternative use
I-1 · Millville, NJZoning I-1 · permitted uses
I-1 · Millville, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
27.56 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I-1
Jurisdiction
Millville, NJ
Recorded code
I-1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1 in Millville, NJ.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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