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Property profile & analytics
OFF-MARKET
Estimated value
$2,525,000
Industrial properties
410 Andbro Dr 450 Pitman, NJ 08071-1278
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-2017179
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1930
Construction
METAL FRAME
Lot
11.19 ac (487,436 SF)
Zoning code
PI
APN
15 00140-0000-00004
UPID
US59-2017179
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
-
American Machining Co LLC Industrial Manufacturer
-
Online grocery outlet Grocery & Convenience Store Food Market
-
Premiere Sealants Ctg Distribution Center Logistics Company
-
Premier Sealants & Coatings Building Supply Hardware & Home Improvement
-
Bri-Scot Business Center Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.53M
Owner & transaction history
Vvandbro LLC · 3 yrs held
Vvandbro LLC
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
PI · Pitman, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Every building or use in the PI District shall comply with the following area, yard and height, regulations: a. Applicability of Regulations. 1. When a planned development consisting of a tract of land divided into smaller interior lots is proposed, the tract and internal lot requirements listed below shall apply accordingly. 2. When a development consisting…
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
171.75 ac
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 Pitman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pitman 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
$2,445,000
ML approach
$2,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.53M
Range $2.27M – $2.78M · ±10% · vs last sale $2.62M (Jan 6 2023)
Last sale anchor
$2.62M
Jan 6 2023
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 2022Property tax & assessments
Tax year 2022
Tax billed
$44,562
Tax year 2022
Assessed value
$1,364,000
Assessed 2023
Previous assessed
$1,364,000
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$682,500
Assessed improvement
$681,500
Land market value
$682,500
Improvement market value
$681,500
Total market value
$1,364,000
Applied tax rate
15.0000
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
METAL FRAME
Heating
NONE
Stories
1
Lot
11.19 ac (487,436 SF)
Zoning code
PI
APN
15 00140-0000-00004
UPID
US59-2017179
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
PI · Pitman, NJZoning PI · permitted uses
PI · Pitman, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Every building or use in the PI District shall comply with the following area, yard and height, regulations: a. Applicability of Regulations. 1. When a planned development consisting of a tract of land divided into smaller interior lots is proposed, the tract and internal lot requirements listed below shall apply accordingly. 2. When a development consisting only of one parcel of land is proposed, that parcel shall be considered the tract and the requirements for tract below shall apply. b. Minimum Tract Size. A minimum tract area of five acres shall be provided. c. Minimum Tract Setback. The following minimum tract setbacks shall be provided. No buildings, parking, circulation or other improvements, with the exception of a planted buffer and emergency or fire access routes, shall be permitted within this setback. 1. One hundred feet to existing public road or residentially zoned property. 2.
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
171.75 ac
Building & site characteristics
From public records
Year built
1930
Construction
METAL FRAME
Heating
NONE
Stories
1
Lot
11.19 ac
Current owner
From public records · entity-resolved
Vvandbro LLC
Entity
Mailing address
1 BELMONT AVE STE #520, BALA CYNWYD, PA 19004-1608
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2025
—
Vvandbro LLC
—
Deed
related
$8,400,000 · S & T Bank
Apr 2, 2024
—
Vvandbro LLC
—
Deed
related
$1,000,000 · Wilmington Savings Fund Society Fsb
Jan 6, 2023
$2,620,000
Vvandbro LLC
Bri Scot LP
Deed
$3,250,000 · Wilmington Savings Fund Society Fsb
Jun 26, 2017
—
Bri-scot LP
Anderson William B
Grant Deed
related
—
Oct 23, 2013
—
Bri-scot LP
—
Trustees Deed
related
$160,759 · Smart Vent Products INC
—
—
Bri-scot LP
—
Deed Of Trust
related
$370,000 · W Scott JR Anderson
—
—
Bri-scot
—
Deed Of Trust
related
$150,000 · 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.
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