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Property profile & analytics
FOR LEASE
Office buildings
408 Swedesboro Rd Mullica Hill, NJ 08062
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US59-3043577
For Lease
1 / 14
$2,500/Mo
408 Swedesboro Rd, Mullica Hill, NJ 08062
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
FRAME
Total area
8,786 SF
Lot
2 ac (87,120 SF)
Zoning code
C55
APN
08 00047-0000-00005- 03
UPID
US59-3043577
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
-
Marks Insurance Group & Marks Marine Insurance Agency Financial Advisor Insurance Agency
-
Edward Regan, RE/MAX Preferred-Mullica Hill Real Estate Agency
-
Marcy Ireland | The Ireland Group - RE/MAX Preferred Real Estate Agency
-
Fitzgerald Williams Real Estate Agent Real Estate Agency
-
Mike Grisko Realty Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.36M
Owner & transaction history
408 Swedesboro LLC · 12 yrs held
408 Swedesboro LLC
since 2014
7 recorded transactions
Zoning & alternative use
C55 · Mullica Hill, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.3M
+11.2%
Commercial (general)
$1.2M
+1.4%
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 Mullica Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mullica Hill 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
OFFICE BUILDING
$1,145,000
Current use
INDUSTRIAL (GENERAL)
$1,270,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,160,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±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
$155 / 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
$32,466
Tax year 2022
Assessed value
$1,013,300
Assessed 2023
Previous assessed
$1,013,300
+0.0% YoY
Effective rate
3.20%
On assessed value
Assessed land
$220,000
Assessed improvement
$793,300
Land market value
$220,000
Improvement market value
$793,300
Total market value
$1,013,300
Applied tax rate
8.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2006
Construction
FRAME
Heating
NONE
Stories
2
Total area
8,786 SF
Lot
2 ac (87,120 SF)
Zoning code
C55
APN
08 00047-0000-00005- 03
UPID
US59-3043577
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
C55 · Mullica Hill, NJZoning C55 · permitted uses
C55 · Mullica Hill, NJ
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
OFFICE BUILDING Current
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
Construction
FRAME
Heating
NONE
Stories
2
Lot
2 ac
Current owner
From public records · entity-resolved
408 Swedesboro LLC
Entity
Mailing address
PO BOX 684, MARLTON, NJ 08053-0684
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
—
408 Swedesbora LLC
—
Deed
related
$500,000 · Fulton Bank NA
Jul 18, 2014
$800,000
408 Swedesboro LLC
Coba INC
Grant Deed
$640,000 · Republic Bk
Jul 30, 2013
—
Coba INC
Sheriff Of Gloucester County
Trustees Deed
related
—
Jan 11, 2006
$1
322 Associates LLC
Sheets,wayne J
Grant Deed
—
Apr 21, 2003
$77,600
Wayne J Sheets
Justice,gilbert L & Stacy L
Grant Deed
—
—
—
322 Associates LLC
—
Deed Of Trust
related
$284,000 · Td Banknorth NA
—
—
322 Associates LLC
—
Deed Of Trust
related
$50,000 · Hudson United Bank
—
—
322 Associates LLC
—
Deed Of Trust
related
$199,505 · The Bank
—
—
322 Associates LLC
—
Deed Of Trust
related
$23,940 · The 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.
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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