Individually Owned Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2004
Total area
30,000 SF
Lot
6.03 ac (262,667 SF)
Zoning code
OP-2
APN
52 00930-0000-00046
UPID
US59-1705493
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Corporate Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.23M
Comparable Approach
Comparable
$7.12M
Blend (final)
Blend
$5.61M
Owner & transaction history
since 2025
3 recorded transactions
Zoning & alternative use
OP-2 · Wall Township, NJ
Zoning description
This zone is intended for a mix of office park uses, including professional services, light manufacturing, wholesale, and various institutional and personal services.
General category
INDUSTRIAL
Top alternative use upside
Apartment house (5+ units)
$7.9M
+2.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.61M
Value range
$5.05M – $6.17M
±10% around blend
Estimated value / SF
$187 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$5.05M
blend $5.61M
$6.17M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
30,000 SF
Lot area
6.03 ac
Year built
2004
APN
52 00930-0000-00046
Zoning
OP-2
Assessed value
$5,312,800
Annual tax
$107,637
3
Income approach: direct capitalization
Partial preview
Income approach indication
$6.23M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$6.75M
@ 6.5% CAP return
$6.23M
@ 7% CAP return
$5.79M
4
Sales comparison
Partial preview
Sales approach indication
$5.94M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.8 mi away · 22,300 SF
7.3 mi away · 35,344 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.61M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 59 sales
$259
-28%
Submarket 175 sales
$274
-32%
County 1093 sales
$259
-28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $187/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+2%
vs current-use indication
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.31M
Move the market yield to see immediate price impact.
Value / SF
$177
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$335k
$6.69M
$4.78M
$3.72M
$372k
$7.44M
$5.31M
$4.13M
$409k
$8.18M
$5.84M
$4.55M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$6.04M
4.7 mi · Sep 2025 · $237/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$107,637
Tax year 2022
Assessed value
$5,312,800
Assessed 2023
Previous assessed
$5,312,800
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$295,500
Assessed improvement
$5,017,300
Land market value
$295,500
Improvement market value
$5,017,300
Total market value
$5,312,800
Applied tax rate
52.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2004
Heating
NONE
Buildings
1
Total area
30,000 SF
Lot
6.03 ac (262,667 SF)
Zoning code
OP-2
APN
52 00930-0000-00046
UPID
US59-1705493
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
OP-2 · Wall Township, NJZoning OP-2 · permitted uses
OP-2 · Wall Township, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
This zone is intended for a mix of office park uses, including professional services, light manufacturing, wholesale, and various institutional and personal services.
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Buildings
1
Lot
6.03 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OP-2
INDUSTRIAL
Jurisdiction
Wall Township, NJ
Recorded code
OP-2
Official district
OP-2
Official district profile
What the municipal code says about OP-2
Zoning description
This zone is intended for a mix of office park uses, including professional services, light manufacturing, wholesale, and various institutional and personal services.
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OP-2 in Wall Township, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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