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Financial
Distress signals
Property profile

402 Lippincott Dr Marlton, NJ 08053

FOR LEASE
Office buildings
Property ID
US59-0600016
5.23 ac lot Built 1997
Last sale Jul 2026 · $8,240,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space located at 402 Lippincott Dr in Marlton, New Jersey, with approximately 53,000 square feet of space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$173k
Tax billed · 2022
Assessed value · 2023$5.65M
Assessed land$1.05M
Assessed improvement$4.60M
Effective rate3.07%

Value estimate

· Oct 2026
$7.00M
$6.30M – $7.70M
AI approach$7.24M
NOI build-up
Gross scheduled income$1.16M
Vacancy & credit loss−$172k
Operating expenses−$248k
NOI · 4,131,772.22% cap applied$744k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$205/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$137 – $321

Cap rate analysis

How does the asset earn?
4,131,772.22%
$744k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionBURLINGTON

Location intelligence

Which uses thrive at this corner?

Location

402 Lippincott Dr Marlton, NJ 08053
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5000 Sagemore, Marlton, NJ 08053-4307 $1,860,000 May 2025 21,200 SF
48 Maple, Marlton, NJ 08053-3023 $233,500 Feb 2025 1,246 SF
78 Main, Marlton, NJ 08053-2142 $537,500 Jan 2025 4,254 SF
19 Main, Marlton, NJ 08053-2029 $280,000 Apr 2024 1,228 SF
15 Stow, Marlton, NJ 08053-3116 $1,515,999 Apr 2024 5,820 SF
60 Main, Marlton, NJ 08053-2176 $280,000 Mar 2024 2,527 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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