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Property profile & analytics
OFF-MARKET
Commercial real estate
269 Walnut St Rd, Salem, NJ 08079-9410
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1920413
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1984
Construction
FRAME
Total area
4,138 SF
Lot
4.41 ac (192,100 SF)
APN
04 00031-0000-00014- 05
UPID
US59-1920413
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Clifton Crabtree · 2 yrs held
Clifton Crabtree
since 2024
Last sale
$237,508
7 recorded transactions
Zoning & alternative use
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$31,713
Tax year 2022
Assessed value
$725,000
Assessed 2023
Previous assessed
$725,000
+0.0% YoY
Effective rate
4.37%
On assessed value
Assessed land
$83,000
Assessed improvement
$642,000
Land market value
$83,000
Improvement market value
$642,000
Total market value
$725,000
Applied tax rate
4.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1984
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
4,138 SF
Lot
4.41 ac (192,100 SF)
APN
04 00031-0000-00014- 05
UPID
US59-1920413
Jurisdiction
SALEM
Metro division
WILMINGTON, DE-MD-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
Building & site characteristics
From public records
Year built
1984
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
4.41 ac
Current owner
From public records · entity-resolved
Clifton Crabtree
Individual
Mailing address
269 WALNUT ST RD, SALEM, NJ 08079-9410
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2024
$237,508
Clifton Crabtree
Agb Properties LLC
Deed
—
Sep 13, 2023
$25,576
Carol A Elmer
County Of Cumberland
Redemption Deed
related
—
Sep 13, 2023
—
Carol A Elmer
County Of Cumberland
Redemption Deed
related
—
Apr 27, 2023
$850,000
Jmc Pallet Company LLC
Agb Properties LLC
Deed
—
Apr 27, 2023
—
Pallet Company LLC
—
Deed
related
$350,000 · Agb Properties LLC
Mar 29, 2023
—
Agb Properties LLC
Agb Properties LLC
Deed
related
—
Feb 14, 2019
—
First Citizens Bk & Trust Co
First Citizens Bk & Trust Co
Quit Claim Deed
related
—
Aug 14, 2009
—
Glendon H Elmer JR.
—
Trustees Deed
related
$150,000 · Harvest Community Bank
—
—
Carol Elmer
—
Deed Of Trust
related
$300,000 · Sun National Bank
—
—
Carol A Elmer
—
Deed Of Trust
related
$200,000 · Hudson United Bank
—
—
Carol A Elmer
—
Deed Of Trust
related
$100,000 · Harvest Community Bank
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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