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Property profile & analytics
OFF-MARKET
Car washes
511 Glassboro Rd Woodbury Heights, NJ 08097
Individually Owned
9-yr Hold
Free & Clear
Property ID
US59-0477727
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1960
Construction
METAL FRAME
Total area
1,526 SF
Lot
0.39 ac (17,163 SF)
Zoning code
CC
APN
23 00070-0000-00005
UPID
US59-0477727
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark Feldman · 9 yrs held
Mark Feldman
since 2017
4 recorded transactions
Zoning & alternative use
CC · Woodbury Heights, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CC Community Commercial and HC Highway Commercial Districts. § 70-15 LI Limited Industrial District. § 70-16 (Reserved) Article V General Provisions and Design Standards § 70-17 Accessory buildings. § 70-18 Drainage. § 70-19 Fences, walls and sight triangles.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
26.01 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 Woodbury Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbury Heights 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
—
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
$7,052
Tax year 2022
Assessed value
$150,000
Assessed 2023
Previous assessed
$150,000
+0.0% YoY
Effective rate
4.70%
On assessed value
Assessed land
$88,800
Assessed improvement
$61,200
Land market value
$88,800
Improvement market value
$61,200
Total market value
$150,000
Applied tax rate
23.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1960
Construction
METAL FRAME
Heating
NONE
Stories
1
Total area
1,526 SF
Lot
0.39 ac (17,163 SF)
Zoning code
CC
APN
23 00070-0000-00005
UPID
US59-0477727
Jurisdiction
GLOUCESTER
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
CC · Woodbury Heights, NJZoning CC · permitted uses
CC · Woodbury Heights, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CC Community Commercial and HC Highway Commercial Districts. § 70-15 LI Limited Industrial District. § 70-16 (Reserved) Article V General Provisions and Design Standards § 70-17 Accessory buildings. § 70-18 Drainage. § 70-19 Fences, walls and sight triangles.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
26.01 ac
Building & site characteristics
From public records
Year built
1960
Construction
METAL FRAME
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Mark Feldman
Individual
Free & Clear · 9 yrs held
Mailing address
217 HAMILTON RD, MARLTON, NJ 08053-1209
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2017
$150,000
Mark Feldman
Wash & Go Car Wash LLC
Grant Deed
—
Sep 19, 2012
$92,500
Wash & Go Car Wash LLC
Triple K Wash Systems LLC
Grant Deed
$126,500 · Evelyn J Kerr
Aug 15, 2002
$131,700
Triple K Wash Systems LLC
Bagherpour,farshid
Grant Deed
$100,000 · Bijan INC
Jan 17, 2001
$145,000
Farshid Bagherpour
Goess,craig
Grant Deed
—
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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