21 Forklanding Rd Maple Shade, NJ 08052-2617
Entity Owned
~
Est. High Equity
Estimated value (blended)
$600k
Range $540k – $660k (±10%)
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
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
since 2026
Last sale
$600,000
2 recorded transactions
Zoning & alternative use
Top alternative use upside
Office building
$840,000
+36.2%
Auto repair, garage
$710,000
+15.7%
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
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 4 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$600k
Value range
$540k – $660k
±10% around blend
Estimated value / SF
$128 / SF
Confidence
Low
4 county-verified comps
Property data
88
Comparable evidence
40
$540k
blend $600k
$660k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,680 SF
Lot area
0.71 ac
Year built
1950
Stories
2
APN
19 00060-0000-00003
Assessed value
$1,112,400
Annual tax
$40,369
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$416k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
17.8 mi away · 5,343 SF
21.1 mi away · 3,715 SF
22.3 mi away · 3,637 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$600k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+36%
vs current-use indication
Auto Repair, Garage
Financial Building · current use
Commercial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
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$600k
Move the market yield to see immediate price impact.
Value / SF
$128
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%
$38k
$756k
$540k
$420k
$42k
$840k
$600k
$467k
$46k
$924k
$660k
$513k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$370k
14.6 mi · Mar 2026 · $69/SF
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
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
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
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.71 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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.
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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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