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Property profile & analytics
FOR LEASE
Warehouses
1370 Imperial Way, West Deptford, NJ 08066
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0282496
For Lease
1 / 7
$10 SF/Yr
1370 Imperial Way, West Deptford, NJ 08066
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
CONCRETE BLOCKS
Lot
8.55 ac (372,438 SF)
APN
20 00347- 11-00004
UPID
US59-0282496
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Thor Imperial Way LLC · 1 yrs held
Thor Imperial Way LLC
since 2024
Last sale
$25.6M
7 recorded transactions
Zoning & alternative use
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 West Deptford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Deptford 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$212,722
Tax year 2022
Assessed value
$6,200,000
Assessed 2023
Previous assessed
$6,200,000
+0.0% YoY
Effective rate
3.43%
On assessed value
Assessed land
$1,282,500
Assessed improvement
$4,917,500
Land market value
$1,282,500
Improvement market value
$4,917,500
Total market value
$6,200,000
Applied tax rate
20.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1978
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
8.55 ac (372,438 SF)
APN
20 00347- 11-00004
UPID
US59-0282496
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
8.55 ac
Current owner
From public records · entity-resolved
Thor Imperial Way LLC
Entity
Mailing address
585 W PROSPECT ST301B, LAKEWOOD, NJ 08701-5073
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
Thor Imperial Way LLC
1370 Imperial Holdings LLC
Quit Claim Deed
related
$19,543,569 · Voya Investment Management LLC
Jul 15, 2024
$25,620,000
Thor Imperial Way LLC
1370 Imperial Holdings LLC
Bargain And Sale Deed
—
Jun 3, 2021
$16,280,226
1370 Imperial Way Associates LLC
1370 Imperial Way Associates LLC
Deed
related
$13,024,180 · American Heritage FCU
Mar 15, 2017
—
Security Agreement
—
Deed
related
$1,515,115 · Sun National Bank
Jan 7, 2009
$8,270,110
Gamije 1370 Associates LLC
Cobalt Industrial Partners LP
Deed
—
Jun 8, 2001
$5,965,270
Nj Midatlantic Industrial Park
Liberty Property LP
Grant Deed
—
—
—
1370 Imperial Way Associates L
—
Deed Of Trust
related
$5,969,350 · 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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