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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Commercial real estate
253 White Horse Pike Galloway, NJ 08205-9563
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-3075722
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Lot
0.56 ac (24,346 SF)
Zoning code
CH
APN
11 00897-0000-00009
UPID
US59-3075722
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
Current use
Occupant on record · Public records
-
Scottish Inns & Suites Galloway, NJ Hotel & Motel
-
Hampton inn & Suite absecon N J Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$965k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
Porto Brotherhood LLC · 2 yrs held
Porto Brotherhood LLC
since 2024
Last sale
$965,000
7 recorded transactions
Zoning & alternative use
CH · Galloway, 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 Galloway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galloway 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
$965,000
ML approach
$965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $965k (Jun 3 2024)
Last sale anchor
$965k
Jun 3 2024
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
—
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
$16,248
Tax year 2022
Assessed value
$506,000
Assessed 2023
Previous assessed
$506,000
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$139,900
Assessed improvement
$366,100
Land market value
$139,900
Improvement market value
$366,100
Total market value
$506,000
Applied tax rate
11.0000
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
2005
Heating
NONE
Stories
2
Units
1
Lot
0.56 ac (24,346 SF)
Zoning code
CH
APN
11 00897-0000-00009
UPID
US59-3075722
Jurisdiction
ATLANTIC
Zoning & alternative use
CH · Galloway, NJ
Zoning CH · permitted uses
CH · Galloway, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Galloway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
2
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Porto Brotherhood LLC
Entity
Mailing address
253 E WHITE HORSE PIKE, GALLOWAY, NJ 08205-9563
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 3, 2024
$965,000
Porto Brotherhood LLC
Asl Lodgings LLC
Deed
$500,000 · Apex Commercial Capital Corp
Jul 18, 2023
—
Asl Lodgings LLC
Ravi Attri
Correction Deed
related
—
Mar 31, 2023
$850,000
Ravi Attri
Scanlon Enterprises LLC
Deed
—
Jan 8, 2018
$360,000
Mahalakshmi LLC
Sejal Hospitality LLC
Grant Deed
—
Sep 14, 2015
$550,000
Sejal Hospitality LLC
Shree Pramukh LLC
Bargain And Sale Deed
$653,000 · The Bancorp Bank
Jan 26, 2006
$1,180,000
Shree Pramukh LLC
Glelani,kishor L
Grant Deed
$993,000 · Kishor L Ghelani
Oct 15, 2003
$170,000
Kishor L Ghelani
Stein,michael D & Carolyn R
Grant Deed
—
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.
Try Rey
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