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Property profile & analytics
OFF-MARKET
Estimated value
$3,995,000
Industrial properties
400 Martin Luther King Jr Way Bridgeton, NJ 08302-2872
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-0994907
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1930
Construction
CONCRETE BLOCKS
Lot
11.22 ac (488,830 SF)
APN
01 00171-0000-00009
UPID
US59-0994907
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
$4.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
Ammo International INC · 3 yrs held
Ammo International INC
since 2023
Last sale
$3.5M
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 Bridgeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bridgeton 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
$5,015,000
ML approach
$4,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.00M
Range $3.60M – $4.39M · ±10% · vs last sale $3.46M (Nov 17 2021)
Last sale anchor
$3.46M
Nov 17 2021
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 2023Property tax & assessments
Tax year 2023
Tax billed
$35,505
Tax year 2023
Assessed value
$699,600
Assessed 2024
Previous assessed
$699,600
+0.0% YoY
Effective rate
5.08%
On assessed value
Assessed land
$168,300
Assessed improvement
$531,300
Land market value
$168,300
Improvement market value
$531,300
Total market value
$699,600
Applied tax rate
1.0000
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
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
11.22 ac (488,830 SF)
APN
01 00171-0000-00009
UPID
US59-0994907
Jurisdiction
CUMBERLAND
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
1930
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
11.22 ac
Current owner
From public records · entity-resolved
Ammo International INC
Entity
Free & Clear · 3 yrs held
Mailing address
3012 AVE L WAY, BROOKLYN, NY 11210-4737
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
—
Michael Friedman
—
Deed
related
$5,330,000 · Bethpage Federal Credit Union
Jun 17, 2023
$150,000
Ammo International INC
Mfgb INC
Deed
—
Nov 17, 2021
$3,460,000
Mf Warehouse LLC
Sdm Futures LLC
Deed
$4,500,000 · Finwise Bank
Aug 24, 2021
$1,000,000
Sdm Futures LLC
Valcar Distribution LLC
Deed
—
Aug 7, 2014
$700,000
Valcar Distribution LLC
M F G B INC
Bargain And Sale Deed
$525,000 · Colonial Bank Fsb
Oct 2, 2013
—
Mfgb INC
Mfgb INC
Quit Claim Deed
—
Jan 29, 1997
$400,000
Mfgb INC Nj
Ms Development C
Grant Deed
$625,000 · Minotola National Bank
—
—
Mfgb INC
—
Deed Of Trust
related
$570,000 · Sun Nat'l 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.
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