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Property profile & analytics
OFF-MARKET
Estimated value
$9,150,000
Industrial properties
26 Hanes Dr Wayne, NJ 07470-4722
Entity Owned
~
Est. High Equity
Property ID
US59-3042570
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Total area
40,842 SF
Lot
3.38 ac (147,233 SF)
APN
14 00604-0000-00003
UPID
US59-3042570
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
-
Sunbelt Corporation (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Anscott Industries Inc Industrial Manufacturer Production Facility
-
Cleaners Choice (Bike/Boat/Book/etc) Store
-
z.one concept usa Corporate Office Coworking & Hybrid Office
-
Caled Chemical Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.39M
CAP Approach
CAP
$7.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.15M
Owner & transaction history
Fivf III Nj1 LLC
Fivf III Nj1 LLC
since 2025
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.4M
+90.5%
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 Wayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wayne 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
$9,215,000
ML approach
$9,385,000
CAP Approach
CAP Return
Estimation
6%
$7,640,000
6.5%
$7,055,000
7%
$6,550,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,045,000
Current use
COMMERCIAL (GENERAL)
$13,425,000
Change: +91% · Conversion: Difficult
OFFICE BUILDING
$6,970,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$9.15M
Range $8.24M – $10.07M · ±10% · vs last sale $9.00M (Aug 11 2022)
Last sale anchor
$9.00M
Aug 11 2022
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
$224 / 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
$73,502
Tax year 2022
Assessed value
$1,300,000
Assessed 2023
Previous assessed
$1,300,000
+0.0% YoY
Effective rate
5.65%
On assessed value
Assessed land
$520,500
Assessed improvement
$779,500
Land market value
$520,500
Improvement market value
$779,500
Total market value
$1,300,000
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Total area
40,842 SF
Lot
3.38 ac (147,233 SF)
APN
14 00604-0000-00003
UPID
US59-3042570
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.0M
COMMERCIAL (GENERAL)
Est. value
$13.4M
OFFICE BUILDING
Est. value
$7.0M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Heating
NONE
Lot
3.38 ac
Current owner
From public records · entity-resolved
Fivf III Nj1 LLC
Entity
Mailing address
5 MARINE VW PLZ STE #402, HOBOKEN, NJ 07030-5722
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
Fivf III Nj1 LLC
Fivf Jii Nj2 LLC
Deed
related
$350,000,000 · Truist Bank
Aug 11, 2022
$9,000,000
Fivf III Nj2 LLC
26 Hanes Drive LLC
Deed
—
Oct 21, 2019
—
26 Hanes Drive LLC
—
Deed
related
$3,800,000 · Provident Bank
Sep 13, 2019
—
26 Hanes Drive LLC
—
Deed
related
$3,800,000 · Provident Bank
May 2, 2019
$2,000
26 Han Es Drive LLC
Sheriff Of Passaic County|hd Realty Corp
Correction Deed
related
—
Jan 4, 2019
—
26 Hanes Drive LLC
Sheriff Of Passaic County|hd Realty Corp
Trustees Deed
related
—
Jul 3, 2007
—
Salomone Family Holdings LLC
Jre Twenty Four LLC
Grant Deed
related
$1,000,000 · Greater Community Bank
May 25, 1988
$1,303,101
H D Realty Corp
Unknown
Grant Deed
—
—
—
Hd Realty Corp.
—
Deed Of Trust
related
$250,000 · New Jersey Economic Develop
—
—
H D Realty Corp
—
Deed Of Trust
related
$409,100 · Us Small Business Admn
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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