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Property profile & analytics
FOR LEASE
Commercial real estate
2020 Delsea Dr Sewell, NJ 08080
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-2080720
For Lease
$5,925,000
2020 Delsea Dr, Sewell, NJ 08080
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Lot
11.71 ac (510,088 SF)
Zoning code
BC1
APN
02 00417- 01-00002
UPID
US59-2080720
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
-
Pardo's Truck Services Parts Warehouse Auto Parts Store
-
Medway Trucking Trucking Company
-
Michelle McMahon Photography Photography Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.07M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.93M
Owner & transaction history
2020 Delsea Drive Industrial LLC · 4 yrs held
2020 Delsea Drive Industrial LLC
since 2021
Last sale
$5.6M
4 recorded transactions
Zoning & alternative use
BC1 · Sewell, 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 Sewell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sewell 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
$6,340,000
ML approach
$6,070,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.93M
Range $5.33M – $6.52M · ±10% · vs last sale $5.64M (Dec 17 2021)
Last sale anchor
$5.64M
Dec 17 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
—
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
$57,018
Tax year 2022
Assessed value
$1,655,100
Assessed 2023
Previous assessed
$1,655,100
+0.0% YoY
Effective rate
3.44%
On assessed value
Assessed land
$878,300
Assessed improvement
$776,800
Land market value
$878,300
Improvement market value
$776,800
Total market value
$1,655,100
Applied tax rate
2.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1998
Heating
NONE
Lot
11.71 ac (510,088 SF)
Zoning code
BC1
APN
02 00417- 01-00002
UPID
US59-2080720
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
BC1 · Sewell, NJ
Zoning BC1 · permitted uses
BC1 · Sewell, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sewell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Lot
11.71 ac
Current owner
From public records · entity-resolved
2020 Delsea Drive Industrial LLC
Entity
Mailing address
2818 STEINWAY ST, ASTORIA, NY 11103-3349
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
Sep 8, 2025
—
2020 Delsea Drive Industrial LLC
—
Deed
related
$181,003,100 · Axos Bank
May 2, 2023
—
2020 Delsea Drive Industrial LLC
—
Deed
related
$3,948,000 · New York Community Bank
Dec 17, 2021
$5,640,000
2020 Delsea Drive Industrial LLC
Pardo Properties LLC
Bargain And Sale Deed
$4,741,167 · Cp Pl Holdings LLC
Jul 28, 2015
$900,000
Pardo Properties LLC
Pardos Truck Service Parts Wa
Grant Deed
related
$1,300,000 · Td Bk 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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