Entity Owned 
For Lease
1 / 12
$15 SF/Yr
215 High St, Mount Holly, NJ 08060
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Property summary
AI-generated overview
The property at 215 High Street in Mount Holly consists of two professional office suites constructed in 1950, with each suite providing approximately 800 square feet of office space. The suites are configured for professional and office-oriented uses with suitability for a range of client-facing businesses, including legal, accounting, consulting, and medical-office-related functions. Located in Downtown Mount Holly, the suites are positioned to support client accessibility and visibility in a central business area, with convenient proximity to local amenities, restaurants, and major roadways.
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1873
Construction
BRICK
Total area
6,258 SF
Lot
0.24 ac (10,245 SF)
Zoning code
OB
APN
23 00025-0000-00017
UPID
US59-1439241
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$330k
Owner & transaction history
since 2024
4 recorded transactions
Zoning & alternative use
OB · Mount Holly, NJ
Zoning description
9-112) Article XX B-2 General Business District (§ 149-113 - § 149-115) Article XXI B-3 Planned Shopping District (§ 149-116 - § 149-119) Article XXII B-4 Standard Business District (§ 149-120 - § 149-122) Article XXIII…
General category
CIVIC_INSTITUTIONAL
Top alternative use upside
Industrial (general)
$800,000
+8.5%
Commercial (general)
$770,000
+4.3%
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.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 9 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$330k
Value range
$297k – $363k
±10% around blend
Estimated value / SF
$53 / SF
Confidence
High
9 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
90
Income certainty
100
$297k
blend $330k
$363k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,258 SF
Lot area
0.24 ac
Year built
1873
Stories
3
APN
23 00025-0000-00017
Zoning
OB
Assessed value
$400,000
Annual tax
$12,952
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$12,952
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.26M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.1 mi away · 8,055 SF
19.6 mi away · 6,312 SF
19.9 mi away · 7,800 SF
20.0 mi away · 7,921 SF
20.1 mi away · 5,073 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$330k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 29 sales
$118
-55%
Submarket 29 sales
$118
-55%
County 73 sales
$131
-60%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $53/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+8%
vs current-use indication
Commercial (general)
Apartment House (5+ Units) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
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.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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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$205k
Move the market yield to see immediate price impact.
Value / SF
$33
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%
$13k
$258k
$185k
$144k
$14k
$287k
$205k
$159k
$16k
$316k
$226k
$175k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$300k
18.7 mi · Nov 2025 · $50/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$12,952
Tax year 2022
Assessed value
$400,000
Assessed 2023
Previous assessed
$400,000
+0.0% YoY
Effective rate
3.24%
On assessed value
Assessed land
$106,200
Assessed improvement
$293,800
Land market value
$106,200
Improvement market value
$293,800
Total market value
$400,000
Applied tax rate
23.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
For Lease
Year built
1873
Construction
BRICK
Heating
NONE
Stories
3
Units
1
Total area
6,258 SF
Lot
0.24 ac (10,245 SF)
Zoning code
OB
APN
23 00025-0000-00017
UPID
US59-1439241
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
OB · Mount Holly, NJZoning OB · permitted uses
OB · Mount Holly, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
9-112) Article XX B-2 General Business District (§ 149-113 - § 149-115) Article XXI B-3 Planned Shopping District (§ 149-116 - § 149-119) Article XXII B-4 Standard Business District (§ 149-120 - § 149-122) Article XXIII…
General category
CIVIC_INSTITUTIONAL
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
1873
Construction
BRICK
Heating
NONE
Stories
3
Units
1
Lot
0.24 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OB
CIVIC_INSTITUTIONAL
Jurisdiction
Mount Holly, NJ
Recorded code
OB
Official district
OB
Official district profile
What the municipal code says about OB
Zoning description
9-112) Article XX B-2 General Business District (§ 149-113 - § 149-115) Article XXI B-3 Planned Shopping District (§ 149-116 - § 149-119) Article XXII B-4 Standard Business District (§ 149-120 - § 149-122) Article XXIII…
General category
CIVIC_INSTITUTIONAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OB in Mount Holly, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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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.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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- Local Zoning Insight
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