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Property profile & analytics
OFF-MARKET
Commercial real estate
1501 Bayshore Rd Villas, NJ 08251-2302
Entity Owned
14-yr Hold
Free & Clear
Property ID
US59-1497724
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2010
Construction
CONCRETE BLOCKS
Total area
528 SF
Lot
2.06 ac (89,734 SF)
Zoning code
GB
APN
05 00216-0000-00032
UPID
US59-1497724
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
CDReload - Online Bitcoin ATM Money Transfer Service Crypto Atm
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
CDReload Instant Bitcoin Crypto Atm
-
CVS Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Villas Owner I LLC · 14 yrs held
Villas Owner I LLC
since 2012
6 recorded transactions
Zoning & alternative use
GB · Villas, 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 Villas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Villas 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$52,191
Tax year 2022
Assessed value
$2,700,000
Assessed 2023
Previous assessed
$2,700,000
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$1,430,500
Assessed improvement
$1,269,500
Land market value
$1,430,500
Improvement market value
$1,269,500
Total market value
$2,700,000
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2010
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
528 SF
Lot
2.06 ac (89,734 SF)
Zoning code
GB
APN
05 00216-0000-00032
UPID
US59-1497724
Jurisdiction
CAPE MAY
Zoning & alternative use
GB · Villas, NJ
Zoning GB · permitted uses
GB · Villas, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Villas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
2.06 ac
Current owner
From public records · entity-resolved
Villas Owner I LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1 CVS DR, WOONSOCKET, RI 02895-6146
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2012
$7,135,030
Villas Owner I LLC
Scp 2010-c36-039 LLC
Grant Deed
—
Feb 16, 2011
$6,480,579
Scp 2010-c36-039 LLC
New Jersey Cvs Pharmacy LLC
Grant Deed
—
Sep 8, 2009
$2,500,000
New Jersey Cvs Pharmacy LLC
Conroy,robert F JR
Grant Deed
—
Sep 8, 2009
—
Conroy,robert JR
Conroy,robert JR
Quit Claim Deed
related
—
Apr 23, 2008
—
Conroy,robert JR
Conroy,robert F
Quit Claim Deed
related
—
—
—
Scp 2010-c36-039 LLC
—
Deed Of Trust
related
$6,354,226 · Wells Fargo Bank West NA
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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