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Property profile & analytics
OFF-MARKET Estimated value $765,000
Industrial properties

15-17 Main St 17 Butler, NJ 07405-1057

5,600 SF 0.09 ac lot
Entity Owned 11-yr Hold Free & Clear
Property ID
US59-1460509
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Total area 5,600 SF
Lot 0.09 ac (3,999 SF)
Zoning code CBD
APN 03 00015-0000-00003
UPID US59-1460509
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
$965k
Comparable Approach Comparable
$506k
Blend (final) Blend
$765k
Owner & transaction history
15-17 Main Street LLC · 11 yrs held
15-17 Main Street LLC
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
CBD · Butler, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Principal Use On-family dwellings X X X 1 X 2 Two-family dwellings X Apartments X 1 X 3 X Townhouse X 4 X 5A Townhouse and Apartments X 5A Senior Citizen Housing X Public Purpose Uses X X X X X X X X X X Private Parks and Beaches X X X X Retail Stores and Shops X X 17 X Business and Professional Offices X X X 17 X X Banks X 8 X 7 Child Care Centers (§143…

Zone name Central Business District
General category INDUSTRIAL
Zone area 35.47 ac
Source Butler, NJ
Top alternative use upside
Office building $1.2M +17.2%
Commercial (general) $1.2M +16.9%
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