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Property profile & analytics
OFF-MARKET
Estimated value
$7,085,000
Warehouses
1501 10th St Millville, NJ 08332-2038
Entity Owned
1-yr Hold
Free & Clear
Property ID
US59-1679231
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1965
Total area
122,400 SF
Lot
11.95 ac (520,542 SF)
Zoning code
I-1
APN
10 00265-0000-00006
UPID
US59-1679231
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
Current use
Occupant on record · Public records
-
DWK Life Sciences - Laboratory Equipment Production Facility
-
Wheaton Industries Inc Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.09M
Owner & transaction history
Dwk Life Sciences LLC · 1 yrs held
Dwk Life Sciences LLC
since 2025
7 recorded transactions
Zoning & alternative use
I-1 · Millville, 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 Millville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millville 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$10,925,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,720,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$7.09M
Range $6.38M – $7.79M · ±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
$58 / 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
$80,843
Tax year 2022
Assessed value
$2,132,500
Assessed 2023
Previous assessed
$2,132,500
+0.0% YoY
Effective rate
3.79%
On assessed value
Assessed land
$159,900
Assessed improvement
$1,972,600
Land market value
$159,900
Improvement market value
$1,972,600
Total market value
$2,132,500
Applied tax rate
10.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1965
Heating
NONE
Units
1
Total area
122,400 SF
Lot
11.95 ac (520,542 SF)
Zoning code
I-1
APN
10 00265-0000-00006
UPID
US59-1679231
Jurisdiction
CUMBERLAND
Zoning & alternative use
I-1 · Millville, NJ
Zoning I-1 · permitted uses
I-1 · Millville, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Millville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.9M
INDUSTRIAL (GENERAL)
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Units
1
Lot
11.95 ac
Current owner
From public records · entity-resolved
Dwk Life Sciences LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1501 N 10TH ST, MILLVILLE, NJ 08332-2038
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
—
Dwk Life Sciences LLC
Dwk Life Sciences INC
Deed
—
Jul 30, 2014
—
Wsp Real Estate Holding Co
—
Loan Modification
related
$50,000,000 · Madison Cap Fndg
Aug 7, 2012
—
Wsp Real Estate Holding Co
—
Deed Of Trust
related
$28,375,000 · Madison Capital Funding LLC
Nov 30, 2006
$1,160,000
Wsp Real Estate Holding Compan
Alcan Global Pharmaceutical Pa
Grant Deed
related
$12,000,000 · Bank Of Albuquerque
Nov 14, 2002
$100
Wheaton USA INC
Wheaton Village INC
Grant Deed
related
—
—
—
Wsp Real Estate Holding Co
—
Deed Of Trust
related
—
—
—
Wsp Real Estate Holding Co LLC
—
Deed Of Trust
related
$45,000 · Madison Capital Funding LLC
—
—
Wsp Real Estate Holding Co
—
Deed Of Trust
related
$25,000 · Madison Cap Fndg
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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