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Property profile & analytics
OFF-MARKET
Estimated value
$5,045,000
Commercial real estate
2200 State Rte 35 Oakhurst, NJ 07755-7204
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-1604769
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1977
Construction
FRAME
Total area
6,656 SF
Lot
2.72 ac (118,353 SF)
Zoning code
C-2
APN
37 00001- 02-00036
UPID
US59-1604769
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
$5.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.36M
Blend (final)
Blend
$5.05M
Owner & transaction history
Op Oakhurst Realty LLC · 6 yrs held
Op Oakhurst Realty LLC
since 2020
Last sale
$4.9M
4 recorded transactions
Zoning & alternative use
C-2 · Oakhurst, 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 Oakhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakhurst 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
$6,090,000
ML approach
$5,915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.05M
Range $4.54M – $5.55M · ±10% · vs last sale $4.93M (Jan 29 2020)
Last sale anchor
$4.93M
Jan 29 2020
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
$758 / 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
$49,033
Tax year 2022
Assessed value
$3,057,500
Assessed 2023
Previous assessed
$3,057,500
+0.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$1,360,000
Assessed improvement
$1,697,500
Land market value
$1,360,000
Improvement market value
$1,697,500
Total market value
$3,057,500
Applied tax rate
37.0000
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
Off-Market
Year built
1977
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
6,656 SF
Lot
2.72 ac (118,353 SF)
Zoning code
C-2
APN
37 00001- 02-00036
UPID
US59-1604769
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
C-2 · Oakhurst, NJZoning C-2 · permitted uses
C-2 · Oakhurst, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
2.72 ac
Current owner
From public records · entity-resolved
Op Oakhurst Realty LLC
Entity
Mailing address
46 FLEMMING DR, HILLSBOROUGH, NJ 08844-5281
Ownership since
2020
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
Jan 29, 2020
$4,930,000
Op Oakhurst Realty LLC
2200 Highway 35 LLC
Grant Deed
$3,204,500 · Td Bk NA
Oct 13, 2016
$4,647,631
2200 Highway 35 LLC
Ggc Real Estate Invs I LP
Grant Deed
$3,000,000 · Provident Bk
Nov 9, 2015
—
Red Lobster Restaurants LLC
Ggc Real Estate Invs I LP
Grant Deed
related
—
Nov 9, 2015
$3,338,311
Ggc R & E Investments I LP
Arcp Rl Portfolio V LLC
Grant Deed
related
$133,000,000 · Wells Fargo 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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