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Property profile & analytics
FOR LEASE
Commercial real estate
400 Lacey Rd, Whiting, NJ 08759
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-3160102
For Lease
1 / 2
$9,955,000
400 Lacey Rd, Whiting, NJ 08759
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2006
Construction
CONCRETE BLOCKS
Total area
92,090 SF
Lot
17.22 ac (750,103 SF)
Zoning code
WTHD
APN
19 00109-0000-00001- 03
UPID
US59-3160102
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
$6.76M
Blend (final)
Blend
$9.96M
Owner & transaction history
Paramount Commons Of Whiting LLC · 19 yrs held
Paramount Commons Of Whiting LLC
since 2007
5 recorded transactions
Zoning & alternative use
WTHD · Whiting, 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 Whiting submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whiting 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.96M
Range $8.96M – $10.95M · ±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
$108 / 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
$259,233
Tax year 2022
Assessed value
$11,703,500
Assessed 2023
Previous assessed
$11,703,500
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$3,444,000
Assessed improvement
$8,259,500
Land market value
$3,444,000
Improvement market value
$8,259,500
Total market value
$11,703,500
Applied tax rate
19.0000
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
For Lease
Year built
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
92,090 SF
Lot
17.22 ac (750,103 SF)
Zoning code
WTHD
APN
19 00109-0000-00001- 03
UPID
US59-3160102
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
WTHD · Whiting, NJ
Zoning WTHD · permitted uses
WTHD · Whiting, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whiting. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
17.22 ac
Current owner
From public records · entity-resolved
Paramount Commons Of Whiting LLC
Entity
Mailing address
1195 HWY 70TH STE #2000, LAKEWOOD, NJ 08701-6100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Apr 8, 2020
—
Paramount Commons At Whiting L
—
Deed
related
$14,510,000 · Provident Bk
Jan 31, 2007
$16,862,490
Paramount Commons Of Whiting LLC
Nnn Trs INC
Grant Deed
$14,800,000 · Cibc INC
Dec 7, 2005
$530,000
Jen Wen LLC
Cnlrs Exchange I INC
Grant Deed
$1,040,000 · Commerce Bank NA
Jul 18, 2005
$3,000,000
Cnlrs Exchange I INC
Wedel,steven W & Donna
Grant Deed
—
—
—
Paramount Commons At Whiting L
—
Deed Of Trust
related
$14,510,000 · Provident Bk
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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