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Property profile & analytics
OFF-MARKET
Estimated value
$12,225,000
Industrial properties
5 Taft Rd, Totowa, NJ 07512-1005
Entity Owned
~
Est. High Equity
Property ID
US59-3026455
Property summary
AI-generated overview
This exceptional Totowa, NJ industrial property offers 67,048 square feet of space, including a 33,229-square-foot available unit. The building, constructed in 2022, features a modern 3,940-square-foot office space seamlessly integrated with approximately 30,000 square feet of warehouse area. The warehouse boasts 20-foot ceilings, two loading docks, two dock-high doors, and one drive-in door, ensuring efficient material handling. A robust 1200-amp, 480V, 3-phase power supply supports various industrial operations. The property sits on a 20-acre lot, including a private, gated 0.40-acre lot, providing enhanced security. Ample parking is available with 32 spaces. Strategically located near major transportation arteries, including Routes I-80, 23, and US-46, and within 35 minutes of ports, this Class B, two-story building offers unparalleled accessibility. Ideal for distribution, manufacturing, packaging, or third-party logistics. This is a single-tenant property.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
CONCRETE BLOCKS
Total area
66,780 SF
Lot
3.1 ac (135,036 SF)
APN
12 00170- 04-00001
UPID
US59-3026455
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.97M
CAP Approach
CAP
$11.53M
Comparable Approach
Comparable
$8.01M
Blend (final)
Blend
$12.23M
Owner & transaction history
Ranger II Urban Logistics Nj LLC
Ranger II Urban Logistics Nj LLC
since 2026
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.7M
+10.4%
Office building
$12.3M
+6.7%
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 Totowa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Totowa 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
$14,845,000
ML approach
$9,970,000
CAP Approach
CAP Return
Estimation
6%
$12,495,000
6.5%
$11,530,000
7%
$10,710,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,525,000
Current use
COMMERCIAL (GENERAL)
$12,720,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$12,295,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$12.23M
Range $11.00M – $13.45M · ±10% · vs last sale $14.50M (Nov 28 2022)
Last sale anchor
$14.50M
Nov 28 2022
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
$183 / 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
$92,644
Tax year 2022
Assessed value
$3,800,000
Assessed 2023
Previous assessed
$3,800,000
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$1,861,800
Assessed improvement
$1,938,200
Land market value
$1,861,800
Improvement market value
$1,938,200
Total market value
$3,800,000
Applied tax rate
12.0000
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Total area
66,780 SF
Lot
3.1 ac (135,036 SF)
APN
12 00170- 04-00001
UPID
US59-3026455
Jurisdiction
PASSAIC
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
INDUSTRIAL (GENERAL) Current
Est. value
$11.5M
COMMERCIAL (GENERAL)
Est. value
$12.7M
OFFICE BUILDING
Est. value
$12.3M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
3.1 ac
Current owner
From public records · entity-resolved
Ranger II Urban Logistics Nj LLC
Entity
Mailing address
1 MEADOWLANDS PLZ STE #202, EAST RUTHERFORD, NJ 07073-2152
Ownership since
2026
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
Mar 23, 2026
$16,000,000
Ranger II Urban Logistics Nj LLC
Vk 5 Taft LLC
Deed
$245,000,000 · Wells Fargo Bank NA
Jul 6, 2023
—
Vk 5 Taft LLC
—
Deed
related
$58,100,000 · Webster Bank NA
Nov 28, 2022
$14,500,000
Vk 5 Taft LLC
Y Group Investments LLC
Deed
—
Oct 31, 2018
—
Y Group Investments LLC
—
Deed
related
$150,000 · Valley National Bank
Nov 6, 2006
$4,550,000
Y Group Investments LLC
Hoben Investors
Grant Deed
$3,640,000 · Valley National Bank
—
—
Hoben Investors
—
Deed Of Trust
related
$1,800,000 · Sterling National Bank
—
—
Investors Hoben
—
Deed Of Trust
related
$1 · Valley National 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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