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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Industrial properties
200 Park Dr Voorhees, NJ 08043-1130
Entity Owned
16-yr Hold
Free & Clear
Property ID
US59-0120948
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1965
Total area
6,748 SF
Lot
1.57 ac (68,476 SF)
Zoning code
EIB
APN
34 00017-0000-00018
UPID
US59-0120948
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
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$670k
Blend (final)
Blend
$630k
Owner & transaction history
Bush Properties LLC · 16 yrs held
Bush Properties LLC
since 2010
6 recorded transactions
Zoning & alternative use
EIB · Voorhees, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$940,000
+59.1%
Office building
$635,000
+7.1%
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 Voorhees submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Voorhees 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
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$590,000
Current use
COMMERCIAL (GENERAL)
$940,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$93 / 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
$21,240
Tax year 2022
Assessed value
$513,300
Assessed 2023
Previous assessed
$513,300
+0.0% YoY
Effective rate
4.14%
On assessed value
Assessed land
$385,800
Assessed improvement
$127,500
Land market value
$385,800
Improvement market value
$127,500
Total market value
$513,300
Applied tax rate
34.0000
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
1965
Heating
NONE
Total area
6,748 SF
Lot
1.57 ac (68,476 SF)
Zoning code
EIB
APN
34 00017-0000-00018
UPID
US59-0120948
Jurisdiction
CAMDEN
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
EIB · Voorhees, NJZoning EIB · permitted uses
EIB · Voorhees, NJ
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
$590,000
COMMERCIAL (GENERAL)
Est. value
$940,000
OFFICE BUILDING
Est. value
$635,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
Lot
1.57 ac
Current owner
From public records · entity-resolved
Bush Properties LLC
Entity
Free & Clear · 16 yrs held
Mailing address
107 HOLLY ST, CRANFORD, NJ 07016-2132
Ownership since
2010
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
Jun 2, 2010
$420,000
Bush Properties LLC
Waste Management Of Nj INC
Grant Deed
—
Nov 30, 2005
$400,000
Peter R Sanders
Waste Mgmt Of New Jersey INC
Grant Deed
$475,000 · Newfield National Bank
Nov 30, 2005
$1
Waste Mgmt Of New Jersey INC
Waste Mgmt Of New Jersey INC
Grant Deed
related
—
Jun 17, 2005
$1
Waste Mgmt Of Nj INC
Waste Mgmt Of Nj INC
Grant Deed
related
—
—
—
Bush Properties LLC
—
Deed Of Trust
related
$340,000 · Pnc Bk/nj
—
—
Bush Properties LLC
—
Loan Modification
related
$1,133,941 · Pnc Bk
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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