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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Banks
21 Forklanding Rd Maple Shade, NJ 08052-2617
Entity Owned
~
Est. High Equity
Property ID
US59-0636897
Property summary
AI-generated overview
This 4,378 square foot vacant retail building at 21 N Forklanding Road in Maple Shade, New Jersey, presents a unique investment opportunity. The property, a former freestanding bank, sits on a 0.71-acre lot and offers substantial parking with approximately 27 spaces. Its Downtown Business (DB) zoning allows for a wide variety of permitted uses. The building boasts high visibility due to its location and prominent signage, including a freestanding pylon sign on N Forklanding Road and a monument sign on Wallace Avenue. Convenient back access to residential neighborhoods and proximity to a municipal parking lot further enhance its appeal. The property is delivered "as is," free and clear of any tenancies, and includes a deed restriction against financial institutions for two years. This location is designated as an area in need of redevelopment, is eligible for neighborhood preservation programs, and is within a Housing and Mortgage Finance Agency targeted municipality and a smart growth area. The asking price is $700,000.
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1950
Construction
BRICK
Total area
4,680 SF
Lot
0.71 ac (30,928 SF)
APN
19 00060-0000-00003
UPID
US59-0636897
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
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$599k
Blend (final)
Blend
$600k
Owner & transaction history
Maple Shade Investments LLC
Maple Shade Investments LLC
since 2026
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$840,000
+36.2%
Auto repair, garage
$710,000
+15.7%
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 Maple Shade submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maple Shade 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
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$615,000
Current use
OFFICE BUILDING
$840,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$710,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$530,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Feb 3 2026)
Last sale anchor
$600k
Feb 3 2026
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
$128 / 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
$40,369
Tax year 2022
Assessed value
$1,112,400
Assessed 2023
Previous assessed
$1,112,400
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$337,300
Assessed improvement
$775,100
Land market value
$337,300
Improvement market value
$775,100
Total market value
$1,112,400
Applied tax rate
19.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1950
Construction
BRICK
Heating
NONE
Stories
2
Total area
4,680 SF
Lot
0.71 ac (30,928 SF)
APN
19 00060-0000-00003
UPID
US59-0636897
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
FINANCIAL BUILDING Current
Est. value
$615,000
OFFICE BUILDING
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$710,000
COMMERCIAL (GENERAL)
Est. value
$530,000
FINANCIAL BUILDING Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1950
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Maple Shade Investments LLC
Entity
Mailing address
PO BOX 2609, CARLSBAD, CA 92018-2609
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2026
$600,000
Maple Shade Investments LLC
Wells Fargo Bank NA
Deed
$450,000 · Parke Bank
Jan 19, 2010
—
Wachovia Bk NA
Wachovia Bk NA
Quit Claim Deed
related
—
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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