Individually Owned Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.06 ac (2,439 SF)
Zoning code
NC-1
APN
02 00337-0000-00037
UPID
US59-0444650
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Photography Service (Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
since 2025
7 recorded transactions
Zoning & alternative use
NC-1 · Atlantic City, NJ
Zoning description
The Neighborhood Commercial 1 (NC-1) Zoning District located along Ventnor Avenue between Trenton Avenue and Windsor Avenue has created a very vibrant and viable neighborhood commercial district in this area that serves…
General category
COMMERCIAL
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.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$320k
Value range
$288k – $352k
±10% around blend
Confidence
Property data
63
Comparable evidence
60
$288k
blend $320k
$352k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
0.06 ac
APN
02 00337-0000-00037
Zoning
NC-1
Assessed value
$58,200
Annual tax
$2,198
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$320k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
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: replacement-cost inputs are not on file.
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
Market rates by use type
PDF export
Professional Plan · 30 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$58k
Move the market yield to see immediate price impact.
Value / SF
N/A
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%
$4k
$73k
$52k
$41k
$4k
$81k
$58k
$45k
$4k
$90k
$64k
$50k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$2,198
Tax year 2022
Assessed value
$58,200
Assessed 2023
Previous assessed
$58,200
+0.0% YoY
Effective rate
3.78%
On assessed value
Assessed land
$48,500
Assessed improvement
$9,700
Land market value
$48,500
Improvement market value
$9,700
Total market value
$58,200
Applied tax rate
2.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Units
1
Lot
0.06 ac (2,439 SF)
Zoning code
NC-1
APN
02 00337-0000-00037
UPID
US59-0444650
Jurisdiction
ATLANTIC
Zoning & alternative use
NC-1 · Atlantic City, NJZoning NC-1 · permitted uses
NC-1 · Atlantic City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The Neighborhood Commercial 1 (NC-1) Zoning District located along Ventnor Avenue between Trenton Avenue and Windsor Avenue has created a very vibrant and viable neighborhood commercial district in this area that serves…
General category
COMMERCIAL
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.06 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
NC-1
COMMERCIAL
Jurisdiction
Atlantic City, NJ
Recorded code
NC-1
Official district
NC-1
Official district profile
What the municipal code says about NC-1
Zoning description
The Neighborhood Commercial 1 (NC-1) Zoning District located along Ventnor Avenue between Trenton Avenue and Windsor Avenue has created a very vibrant and viable neighborhood commercial district in this area that serves…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC-1 in Atlantic City, 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.
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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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