Entity Owned Property summary
AI-generated overview
16 Chambers Street is a three-story Class A mixed-use building that was originally built as a firehouse and has been adapted for contemporary medical and healthcare uses. The property features a medical-oriented interior layout with an IVF laboratory configured for positive pressure, along with procedural rooms and modern building systems, including upgraded HVAC, upgraded water and sewer lines, expanded electrical capacity, multi-point security systems, and interior aesthetic enhancements. The building is located in Princeton’s Central Business District (CBD) zoning area, which permits potential vertical expansion up to 65 feet, and it is positioned near major downtown destinations, including Princeton University and Palmer Square, with convenient access to nearby public parking and regional transportation including Princeton Junction Station. The property is situated adjacent to the Graduate Hotel Princeton.
Property profile
Verified
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
6,314 SF
Lot
0.1 ac (4,522 SF)
Zoning code
CB
APN
14 00019- 02-00016
UPID
US59-1367401
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medical Clinic
-
Medical Clinic
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$868k
Blend (final)
Blend
$1.38M
Owner & transaction history
since 2019
3 recorded transactions
Zoning & alternative use
CB · Princeton, NJ
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.38M
Value range
$1.24M – $1.51M
±10% around blend
Estimated value / SF
$218 / SF
Confidence
High
5 county-verified comps
Property data
75
Market benchmarks
67
Comparable evidence
50
$1.24M
blend $1.38M
$1.51M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,314 SF
Lot area
0.1 ac
APN
14 00019- 02-00016
Zoning
CB
Assessed value
$2,317,600
Annual tax
$56,364
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.28M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.39M
@ 6.5% CAP return
$1.28M
@ 7% CAP return
$1.19M
4
Sales comparison
Partial preview
Sales approach indication
$594k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.4 mi away · 4,884 SF
6.2 mi away · 6,020 SF
8.8 mi away · 5,248 SF
9.0 mi away · 6,955 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.38M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 35 sales
$391
-44%
County 839 sales
$111
+97%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $218/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.32M
Move the market yield to see immediate price impact.
Value / SF
$367
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$146k
$2.92M
$2.09M
$1.62M
$162k
$3.24M
$2.32M
$1.80M
$178k
$3.57M
$2.55M
$1.98M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$387k
0.2 mi · Jan 2026 · $73/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$56,364
Tax year 2022
Assessed value
$2,317,600
Assessed 2023
Previous assessed
$2,317,600
+0.0% YoY
Effective rate
2.43%
On assessed value
Assessed land
$933,600
Assessed improvement
$1,384,000
Land market value
$933,600
Improvement market value
$1,384,000
Total market value
$2,317,600
Applied tax rate
14.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Units
1
Total area
6,314 SF
Lot
0.1 ac (4,522 SF)
Zoning code
CB
APN
14 00019- 02-00016
UPID
US59-1367401
Jurisdiction
MERCER
Zoning & alternative use
CB · Princeton, NJZoning CB · permitted uses
CB · Princeton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CB
Jurisdiction
Princeton, NJ
Recorded code
CB
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Princeton, NJ.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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