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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Industrial properties
15 Leonard St Red Bank, NJ 07701-1217
Entity Owned
2-yr Hold
Free & Clear
Property ID
US59-2766089
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
10,040 SF
Lot
0.79 ac (34,255 SF)
Zoning code
7532
APN
39 00075- 04-00030- 01
UPID
US59-2766089
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
$1.48M
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$1.13M
Owner & transaction history
Sjd Greenpeace LLC · 2 yrs held
Sjd Greenpeace LLC
since 2023
7 recorded transactions
Zoning & alternative use
7532 · Red Bank, NJ
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 Red Bank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Red Bank 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,605,000
6.5%
$1,480,000
7%
$1,375,000
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$112 / SF
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
$26,595
Tax year 2022
Assessed value
$1,443,800
Assessed 2023
Previous assessed
$1,443,800
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$441,800
Assessed improvement
$1,002,000
Land market value
$441,800
Improvement market value
$1,002,000
Total market value
$1,443,800
Applied tax rate
39.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
1
Total area
10,040 SF
Lot
0.79 ac (34,255 SF)
Zoning code
7532
APN
39 00075- 04-00030- 01
UPID
US59-2766089
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
7532 · Red Bank, NJ
Zoning 7532 · permitted uses
7532 · Red Bank, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Red Bank. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Buildings
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Sjd Greenpeace LLC
Entity
Free & Clear · 2 yrs held
Mailing address
64 CENTRAL AVE, RED BANK, NJ 07701-1521
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2023
—
Sjd Greenpeace LLC
Susan Duckworth
Deed
—
Aug 14, 2018
—
Susan Duckworth
Duckworth,robert W
Quit Claim Deed
related
—
May 22, 2008
—
Duckworth,robert W
Prus Holdings LLC
Grant Deed
related
—
May 13, 2008
$210,000
Prus Holdings LLC
Hud-housing Of Urban Dev
Grant Deed
related
—
Jun 25, 2003
$199,000
Kelly Woods
Savage,lillian
Grant Deed
—
Jun 25, 2003
$1
Kelly A Woods
Woods,michael & Kelly A
Grant Deed
related
—
—
—
Lillian Savage
—
Deed Of Trust
related
$125,468 · Associates Fin'l Svcs/co
—
—
Kelly Woods
—
Deed Of Trust
related
$197,400 · Weichert Fin'l
—
—
Joseph Tyrkala
—
Deed Of Trust
related
$25,000 · Commerce Bk/north
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.
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