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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Drug stores
2721 Us Hwy 1st 1 Lawrence Township, NJ 08648-4106
Entity Owned
15-yr Hold
Free & Clear
Property ID
US59-2770308
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2010
Lot
2.19 ac (95,396 SF)
Zoning code
NC-2
APN
07 03301-0000-00001
UPID
US59-2770308
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
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Cole Cv Lawrenceville Nj LLC · 15 yrs held
Cole Cv Lawrenceville Nj LLC
since 2010
5 recorded transactions
Zoning & alternative use
NC-2 · Lawrence Township, 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 Lawrence Township submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lawrence Township 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
by Request
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±10%
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
$118,048
Tax year 2022
Assessed value
$3,960,000
Assessed 2023
Previous assessed
$3,960,000
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$876,000
Assessed improvement
$3,084,000
Land market value
$876,000
Improvement market value
$3,084,000
Total market value
$3,960,000
Applied tax rate
7.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2010
Heating
NONE
Units
1
Lot
2.19 ac (95,396 SF)
Zoning code
NC-2
APN
07 03301-0000-00001
UPID
US59-2770308
Jurisdiction
MERCER
Zoning & alternative use
NC-2 · Lawrence Township, NJ
Zoning NC-2 · permitted uses
NC-2 · Lawrence Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lawrence Township. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Units
1
Lot
2.19 ac
Current owner
From public records · entity-resolved
Cole Cv Lawrenceville Nj LLC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 1610, COCKEYSVILLE, MD 21030-7610
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2010
$9,062,248
Cole Cv Lawrenceville Nj LLC
Degree Realty Partners LLC
Grant Deed
—
Jan 19, 2010
$7,729,568
Degree Realty Partners LLC
Cvs 824 Nj LLC
Grant Deed
$45,928,000 · Wells Fargo Bank
Jul 24, 2008
$3,270,000
Cvs 824 Nj LLC
Teti Real Estate Ptshp
Grant Deed
—
—
—
Cole Cv Lawrenceville Nj LLC
—
Deed Of Trust
related
$46,910,000 · J P Morgan Chase Bank
—
—
Teti Real Estate Partnership
—
Deed Of Trust
related
$500,000 · Yardville National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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