Individually Owned 
For Sale
1 / 16
$1,800,000
145 11Th St, Piscataway, NJ 08854
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Property summary
AI-generated overview
The property is a 7,200-square-foot industrial building situated on a 1.09-acre site. It is configured with two interior units totaling 6,000 square feet and 1,200 square feet and features four overhead doors—two sized 12 feet by 12 feet and two sized 10 feet by 10 feet—along with 12-foot clear ceilings. The building includes man doors and has a replaced (new) roof, and it offers a large fenced outdoor storage area. Zoning permits warehousing and light manufacturing, making the facility suitable for either owner-occupied use or investment, and the building layout is designed to accommodate multi-tenant occupancy.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Total area
7,122 SF
Lot
1.09 ac (47,480 SF)
Zoning code
LI1
APN
17 00811-0000-00001- 01
UPID
US59-1480084
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
-
Industrial Manufacturer
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$594k
Blend (final)
Blend
$520k
Owner & transaction history
Zoning & alternative use
LI1 · Piscataway, NJ
Top alternative use upside
Commercial (general)
$830,000
+193.7%
Restaurant
$805,000
+184.8%
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$520k
Value range
$468k – $572k
±10% around blend
Estimated value / SF
$73 / SF
Confidence
Property data
75
Comparable evidence
60
Income certainty
100
$468k
blend $520k
$572k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,122 SF
Lot area
1.09 ac
APN
17 00811-0000-00001- 01
Zoning
LI1
Assessed value
$959,000
Annual tax
$18,288
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$18,288
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$594k
Range $141k – $594k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$520k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+194%
vs current-use indication
Restaurant
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
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
Market benchmark
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
5.45%
Selected cap rate for this other warehouses
Derived from the Piscataway market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.45%
9.0%
NOI (est.)
$98k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.80M
Move the market yield to see immediate price impact.
Value / SF
$253
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
4.95%5.45%5.95%
$88k
$1.78M
$1.62M
$1.48M
$98k
$1.98M
$1.80M
$1.65M
$108k
$2.18M
$1.98M
$1.81M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,288
Tax year 2023
Assessed value
$959,000
Assessed 2024
Previous assessed
$959,000
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$847,500
Assessed improvement
$111,500
Land market value
$847,500
Improvement market value
$111,500
Total market value
$959,000
Applied tax rate
17.0000
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 warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Heating
NONE
Total area
7,122 SF
Lot
1.09 ac (47,480 SF)
Zoning code
LI1
APN
17 00811-0000-00001- 01
UPID
US59-1480084
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LI1 · Piscataway, NJZoning LI1 · permitted uses
LI1 · Piscataway, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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
Heating
NONE
Lot
1.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LI1
Jurisdiction
Piscataway, NJ
Recorded code
LI1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI1 in Piscataway, NJ.
What opens after registration
Zoning profile
Official documentVerified 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 · 30 · 300 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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