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Property profile & analytics
OFF-MARKET
Industrial properties
320 Half Acre Rd Cranbury, NJ 08512-3254
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US59-3042344
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2016
Construction
FRAME
Lot
36.69 ac (1,598,173 SF)
Zoning code
LI
APN
02 00008-0000-00001- 04
UPID
US59-3042344
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
-
Body Kitchen (Bike/Boat/Book/etc) Store Pharmacy
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
Rasi Real Estate Investors LLC · 13 yrs held
Rasi Real Estate Investors LLC
since 2013
7 recorded transactions
Zoning & alternative use
LI · Cranbury, 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 Cranbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cranbury 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
$143,077
Tax year 2022
Assessed value
$8,029,000
Assessed 2023
Previous assessed
$8,029,000
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,779,900
Assessed improvement
$6,249,100
Land market value
$1,779,900
Improvement market value
$6,249,100
Total market value
$8,029,000
Applied tax rate
2.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2016
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
36.69 ac (1,598,173 SF)
Zoning code
LI
APN
02 00008-0000-00001- 04
UPID
US59-3042344
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · Cranbury, NJ
Zoning LI · permitted uses
LI · Cranbury, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cranbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
36.69 ac
Current owner
From public records · entity-resolved
Rasi Real Estate Investors LLC
Entity
Mailing address
320 HALF ACRE RD, CRANBURY, NJ 08512-3254
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Apr 13, 2022
—
Rasi Real Estate Investors LLC
—
Deed
related
$13,000,000 · Wells Fargo Bank NA
Nov 15, 2013
—
Rasi R & E Investors LLC
—
Trustees Deed
related
$5,000,000 · Wells Fargo Bank
Jul 1, 2013
$3,568,104
Rasi Real Estate Investors LLC
Matrix Half Acre LLC
Grant Deed
—
Apr 29, 2013
$1,700,000
Matrix Half Acre LLC
Granite Half Acre II LLC
Grant Deed
—
Jul 8, 2010
$7,500
Jersey Turnpike Auth New
Granite Half Acre II LLC
Grant Deed
—
Aug 28, 2007
$2,760,408
Granite Half Acre II LLC
Jerc Partners V LLC
Grant Deed
—
Dec 8, 2005
$250,000
Jerc Partners V LLC
Church & Dwight Co INC
Grant Deed
—
Sep 20, 2005
—
Church & Dwight Co INC
Armkel Cranbury LLC
Grant Deed
related
—
—
—
Matrix Hale Acre LLC
—
Deed Of Trust
related
$1,000,000 · Intent International INC
—
—
Woodmont Of Half Acre II LLC
—
Deed Of Trust
related
$300,000 · Bank Of America California NA
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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