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Property profile & analytics
OFF-MARKET
Estimated value
$3,655,000
Industrial properties
1537 Gln Ave Moorestown, NJ 08057-1103
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0051314
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Construction
TYPE NOT SPECIFIED
Total area
30,000 SF
Lot
2.76 ac (120,182 SF)
APN
22 00200-0000-00008
UPID
US59-0051314
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
-
Syscom Tech Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.06M
Blend (final)
Blend
$3.66M
Owner & transaction history
Wharton Glen Industrial LLC · 4 yrs held
Wharton Glen Industrial LLC
since 2021
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.6M
+45.4%
Commercial (general)
$4.6M
+19.7%
Apartment house (5+ units)
$3.9M
+2.7%
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 Moorestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorestown 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
$4,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,830,000
Current use
OFFICE BUILDING
$5,570,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,585,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,930,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$3.66M
Range $3.29M – $4.02M · ±10% · vs last sale $3.65M (Nov 8 2021)
Last sale anchor
$3.65M
Nov 8 2021
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
$122 / 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
$36,904
Tax year 2022
Assessed value
$1,337,600
Assessed 2023
Previous assessed
$1,337,600
+0.0% YoY
Effective rate
2.76%
On assessed value
Assessed land
$551,800
Assessed improvement
$785,800
Land market value
$551,800
Improvement market value
$785,800
Total market value
$1,337,600
Applied tax rate
22.0000
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
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
30,000 SF
Lot
2.76 ac (120,182 SF)
APN
22 00200-0000-00008
UPID
US59-0051314
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.8M
OFFICE BUILDING
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1989
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
2.76 ac
Current owner
From public records · entity-resolved
Wharton Glen Industrial LLC
Entity
Mailing address
1801 MARKET ST STE #500, PHILADELPHIA, PA 19103-1603
Ownership since
2021
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
Nov 8, 2021
$3,650,000
Wharton Glen Industrial LLC
Tm&pa Properties LLC
Deed
—
Mar 29, 2007
—
Eighdies LLC
Eighdies LLP
Quit Claim Deed
related
—
Mar 29, 2007
$1,596,000
Tm & Pa Properties LLC
Eighdies LLC
Grant Deed
$1,400,000 · Wachovia Bank NA
—
—
Tm & Pa Properties LLC
—
Deed Of Trust
related
$500,000 · Bank Of America
—
—
Tm & Pa Properties LLC
—
Deed Of Trust
related
$1,115,833 · Bank Of America
—
—
Tm & Pa Properties LLC
—
Deed Of Trust
related
$2,000,000 · Bank Of America
—
—
Tm & Pa Properties LLC
—
Deed Of Trust
related
$1,530,000 · Fulton Bk/nj
—
—
Tm & Pa Properties LLC
—
Deed Of Trust
related
$1,000,000 · Wachovia Bank 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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