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Property profile & analytics
OFF-MARKET
Estimated value
$1,615,000
Industrial properties
401 Bordentown Hedding Rd Bordentown, NJ 08505-4747
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US59-1434769
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Total area
11,428 SF
Lot
39.17 ac (1,706,289 SF)
APN
04 00137- 01-00002
UPID
US59-1434769
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
$1.42M
Blend (final)
Blend
$1.62M
Owner & transaction history
Colfin 2015-4 Industrial Owner · 11 yrs held
Colfin 2015-4 Industrial Owner
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.1M
+45.4%
Commercial (general)
$1.9M
+30.5%
Apartment house (5+ units)
$1.5M
+2.7%
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 Bordentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bordentown 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,460,000
Current use
OFFICE BUILDING
$2,120,000
Change: +45% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,905,000
Change: +31% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,500,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.62M
Range $1.45M – $1.78M · ±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
$141 / 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
$200,659
Tax year 2022
Assessed value
$5,900,000
Assessed 2023
Previous assessed
$5,900,000
+0.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$2,742,000
Assessed improvement
$3,158,000
Land market value
$2,742,000
Improvement market value
$3,158,000
Total market value
$5,900,000
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
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
2006
Heating
NONE
Total area
11,428 SF
Lot
39.17 ac (1,706,289 SF)
APN
04 00137- 01-00002
UPID
US59-1434769
Jurisdiction
BURLINGTON
Metro division
CAMDEN, 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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
OFFICE BUILDING
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Lot
39.17 ac
Current owner
From public records · entity-resolved
Colfin 2015-4 Industrial Owner
Individual
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2015
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
May 18, 2022
—
Colfin 2015 4 Industrial Owner LLC
—
Deed
related
$263,000,000 · Morgan Stanley Bank NA
Jul 9, 2015
$9,600
Colfin 2015-4 Industrial Owner
Mim-hayden Central Crossing 4
Grant Deed
—
May 21, 2012
$6,950,000
Central Crossings 4 Mim-hayden
Central Crossings Business Par
Grant Deed
related
—
Apr 3, 2006
$1
Central Crossing Business Park
Central Crossing Business Park
Grant Deed
related
—
—
—
Central Crossings Busn Park Bl
—
Deed Of Trust
related
$7,700,000 · Thrivent Financial For Luthera
—
—
Colfin 2015-4 Industrial Owner
—
Deed Of Trust
related
$52,579,187 · Miscellaneous Ins Co
—
—
Colfin 2015-4 Industrial Owner
—
Deed Of Trust
related
$15,070,813 · Miscellaneous Ins Co
—
—
Central Crossing Busn Park LLC
—
Deed Of Trust
related
$7,700,000 · Amboy 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.
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