Individually Owned Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1960
Construction
FRAME
Total area
12,520 SF
Lot
1.81 ac (79,000 SF)
Zoning code
RB
APN
27 00042-0000-00001
UPID
US59-1883847
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.23M
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$3.15M
Owner & transaction history
since 2009
3 recorded transactions
Zoning & alternative use
RB · Seaside Heights, NJ
Zoning description
The purpose of the RB Zone is to provide areas for retail sales of goods and offices related to public utilities, including dial or switching equipment buildings.
General category
COMMERCIAL
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 11 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.15M
Value range
$2.84M – $3.47M
±10% around blend
Estimated value / SF
$252 / SF
Confidence
High
11 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$2.84M
blend $3.15M
$3.47M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
12,520 SF
Lot area
1.81 ac
Year built
1960
Stories
3
APN
27 00042-0000-00001
Zoning
RB
Assessed value
$6,322,000
Annual tax
$165,194
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.23M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.41M
@ 6.5% CAP return
$2.23M
@ 7% CAP return
$2.07M
4
Sales comparison
Partial preview
Sales approach indication
$3.45M
Weighted, 11 comps · high confidence
Evidence
11 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.9 mi away · 10,413 SF
10.2 mi away · 10,188 SF
13.5 mi away · 12,120 SF
16.6 mi away · 15,375 SF
18.1 mi away · 14,238 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.15M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$345
-27%
Submarket 30 sales
$345
-27%
County 852 sales
$288
-13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $252/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 11 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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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$6.32M
Move the market yield to see immediate price impact.
Value / SF
$505
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%
$398k
$7.97M
$5.69M
$4.43M
$443k
$8.85M
$6.32M
$4.92M
$487k
$9.74M
$6.95M
$5.41M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
11 found
High confidence · county-verified
Closest comparable
$3.20M
4.0 mi · Dec 2025 · $255/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$165,194
Tax year 2022
Assessed value
$6,322,000
Assessed 2023
Previous assessed
$6,322,000
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$3,595,000
Assessed improvement
$2,727,000
Land market value
$3,595,000
Improvement market value
$2,727,000
Total market value
$6,322,000
Applied tax rate
27.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Total area
12,520 SF
Lot
1.81 ac (79,000 SF)
Zoning code
RB
APN
27 00042-0000-00001
UPID
US59-1883847
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
RB · Seaside Heights, NJZoning RB · permitted uses
RB · Seaside Heights, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the RB Zone is to provide areas for retail sales of goods and offices related to public utilities, including dial or switching equipment buildings.
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
NONE
Stories
3
Units
1
Lot
1.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RB
COMMERCIAL
Jurisdiction
Seaside Heights, NJ
Recorded code
RB
Official district
RB
Official district profile
What the municipal code says about RB
Zoning description
The purpose of the RB Zone is to provide areas for retail sales of goods and offices related to public utilities, including dial or switching equipment buildings.
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RB in Seaside Heights, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
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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