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Property profile & analytics
OFF-MARKET
Estimated value
$10,590,000
Industrial properties
165 Rte 526 Allentown, NJ 08501-2017
Entity Owned
4-yr Hold
Free & Clear
Property ID
US59-1536710
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Total area
57,321 SF
Lot
5.68 ac (247,334 SF)
Zoning code
GI
APN
51 00027-0000-00034- 01
UPID
US59-1536710
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
$11.63M
CAP Approach
CAP
$8.46M
Comparable Approach
Comparable
$10.43M
Blend (final)
Blend
$10.59M
Owner & transaction history
Agnl Cage LLC · 4 yrs held
Agnl Cage LLC
since 2021
Last sale
$10.2M
4 recorded transactions
Zoning & alternative use
GI · Allentown, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$14.9M
+25.8%
Office building
$14.1M
+19.6%
Apartment house (5+ units)
$13.0M
+10.3%
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 Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown 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
$12,555,000
ML approach
$11,625,000
CAP Approach
CAP Return
Estimation
6%
$9,160,000
6.5%
$8,455,000
7%
$7,850,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,815,000
Current use
COMMERCIAL (GENERAL)
$14,865,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$14,130,000
Change: +20% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$13,035,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$10.59M
Range $9.53M – $11.65M · ±10% · vs last sale $10.24M (Aug 23 2021)
Last sale anchor
$10.24M
Aug 23 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
$185 / 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
$118,662
Tax year 2022
Assessed value
$5,576,900
Assessed 2023
Previous assessed
$5,576,900
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$820,800
Assessed improvement
$4,756,100
Land market value
$820,800
Improvement market value
$4,756,100
Total market value
$5,576,900
Applied tax rate
51.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
NONE
Buildings
1
Total area
57,321 SF
Lot
5.68 ac (247,334 SF)
Zoning code
GI
APN
51 00027-0000-00034- 01
UPID
US59-1536710
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
GI · Allentown, NJ
Zoning GI · permitted uses
GI · Allentown, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$11.8M
COMMERCIAL (GENERAL)
Est. value
$14.9M
OFFICE BUILDING
Est. value
$14.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.0M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
2000
Heating
NONE
Buildings
1
Lot
5.68 ac
Current owner
From public records · entity-resolved
Agnl Cage LLC
Entity
Free & Clear · 4 yrs held
Mailing address
245 PARK AVE FL, NEW YORK, NY 10167-0002
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2021
—
Agnl Cage LLC
—
Deed
related
$15,500,000 · Wells Fargo Bank NA
Aug 23, 2021
$10,235,954
Agnl Cage LLC
Ch Building 1 LLC
Deed
—
Oct 22, 2019
$6,840,000
Cii Building 1 LLC
Allentown INC
Grant Deed
$6,840,000 · Allentown INC
Aug 28, 2019
$120,000
County Of Monmouth
Allentown Caging Equipment Co
Grant Deed
—
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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