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Property profile & analytics
OFF-MARKET
Estimated value
$2,790,000
Commercial real estate
5 Gail Ct, Sparta, NJ 07871-3438
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US59-0469799
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Total area
31,662 SF
Lot
4.25 ac (185,130 SF)
Zoning code
ED
APN
18 12007-0000-00008
UPID
US59-0469799
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
-
HighPoint Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.79M
Owner & transaction history
Wildcat Associates LLC · 24 yrs held
Wildcat Associates LLC
since 2002
7 recorded transactions
Zoning & alternative use
ED · Sparta, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Sparta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sparta 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$88 / 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
$74,786
Tax year 2022
Assessed value
$2,198,300
Assessed 2023
Previous assessed
$2,198,300
+0.0% YoY
Effective rate
3.40%
On assessed value
Assessed land
$403,800
Assessed improvement
$1,794,500
Land market value
$403,800
Improvement market value
$1,794,500
Total market value
$2,198,300
Applied tax rate
18.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
NONE
Total area
31,662 SF
Lot
4.25 ac (185,130 SF)
Zoning code
ED
APN
18 12007-0000-00008
UPID
US59-0469799
Jurisdiction
SUSSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
ED · Sparta, NJ
Zoning ED · permitted uses
ED · Sparta, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sparta. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Lot
4.25 ac
Current owner
From public records · entity-resolved
Wildcat Associates LLC
Entity
Mailing address
5 GAIL CT, SPARTA, NJ 07871-3438
Ownership since
2002
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
Jul 20, 2018
—
Wildcat Associates LLC
—
Deed
related
$5,000,000 · Highlands St Bk
Dec 9, 2008
—
Wildcat Associates LLC
—
Deed Of Trust
related
$2,000,000 · Noble Community Bank
Apr 4, 2002
$325,000
Wildcat Associates LLC
Wilson,william H
Grant Deed
—
—
—
Wildcat Associates LLC
—
Deed Of Trust
related
$3,000,000 · Highlands State Bank
—
—
Wildcat Associates LLC
—
Deed Of Trust
related
$4,000,000 · Highlands St Bk
—
—
Wildcat Associates LLC
—
Deed Of Trust
related
$5,000,000 · Highlands St Bk
—
—
Wildcat Associates LLC
—
Deed Of Trust
related
$240,000 · Highlands State 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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