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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Commercial real estate
511 Erial Rd 571 Pine Hill, NJ 08021-6301
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1561580
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1968
Total area
2,460 SF
Lot
0.69 ac (30,000 SF)
APN
28 00063-0000-00101
UPID
US59-1561580
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
$1.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Elevations Plaza LLC · 2 yrs held
Elevations Plaza LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
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 Pine Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pine 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
$1,565,000
ML approach
$1,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.78M (Oct 24 2023)
Last sale anchor
$1.78M
Oct 24 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
$681 / 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
$35,295
Tax year 2022
Assessed value
$667,700
Assessed 2023
Previous assessed
$667,700
+0.0% YoY
Effective rate
5.29%
On assessed value
Assessed land
$144,000
Assessed improvement
$523,700
Land market value
$144,000
Improvement market value
$523,700
Total market value
$667,700
Applied tax rate
28.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1968
Heating
NONE
Units
1
Total area
2,460 SF
Lot
0.69 ac (30,000 SF)
APN
28 00063-0000-00101
UPID
US59-1561580
Jurisdiction
CAMDEN
Metro division
CAMDEN, 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
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Elevations Plaza LLC
Entity
Mailing address
PO BOX 130, PRINCETON JUNCTION, NJ 08550-0130
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2023
$1,775,000
Elevations Plaza LLC
Smaa Elevations Plaza LLC
Bargain And Sale Deed
$1,242,500 · American Heritage FCU
Jul 15, 2019
$1,300,000
Smaa Elevations Plaza LLC
Colombo Development LLC
Deed
$975,000 · Magyar Bank
Feb 3, 2014
$935,000
Colombo Dev LLC
S & R Properties LLC
Grant Deed
$635,000 · S & R Properties LLC
Jun 19, 2006
—
S & R Properties LLC
—
Trustees Deed
related
$500,000 · Commerce Bank NA
Jul 20, 2005
$120,000
S & R Properties LLC
Lamia,mario S
Grant Deed
—
Feb 28, 2005
$1
S & R Properties LLC
Rizzo,salvatore P & Stacey A
Grant Deed
related
—
Nov 6, 1992
$100,000
Antonio E Attanasio
Lamia,mario
Grant Deed
$130,000 · Sellers Financed
Oct 28, 1992
$100,000
Antonio E Attanasio
Unknown
Grant Deed
—
—
—
S & R Properties LLC
—
Deed Of Trust
related
$600,000 · Commerce Bank NA
—
—
S & R Properties LLC
—
Deed Of Trust
related
$100,000 · Commerce Bank NA
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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