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Property profile & analytics
OFF-MARKET
Estimated value
$27,595,000
Warehouses
52 Locke Ave Swedesboro, NJ 08085-1046
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0063518
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1940
Construction
CONCRETE
Lot
12.38 ac (539,273 SF)
APN
24 00005-0000-00007- 01
UPID
US59-0063518
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
$27.60M
Owner & transaction history
Civf Vi Nj2b01 LLC · 4 yrs held
Civf Vi Nj2b01 LLC
since 2022
Last sale
$26.5M
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 Swedesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Swedesboro 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
$29,785,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$27.60M
Range $24.84M – $30.35M · ±10% · vs last sale $26.50M (Mar 31 2022)
Last sale anchor
$26.50M
Mar 31 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
—
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
$212,626
Tax year 2022
Assessed value
$6,315,000
Assessed 2023
Previous assessed
$6,315,000
+0.0% YoY
Effective rate
3.37%
On assessed value
Assessed land
$1,176,100
Assessed improvement
$5,138,900
Land market value
$1,176,100
Improvement market value
$5,138,900
Total market value
$6,315,000
Applied tax rate
24.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1940
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
12.38 ac (539,273 SF)
APN
24 00005-0000-00007- 01
UPID
US59-0063518
Jurisdiction
GLOUCESTER
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
1940
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
12.38 ac
Current owner
From public records · entity-resolved
Civf Vi Nj2b01 LLC
Entity
Mailing address
1 BEACON ST #2800, BOSTON, MA 02108-3107
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2022
—
Civf Vi Nj2b01 LLC
—
Deed
related
$226,000,000 · Equitable Financial Life Insurance Compa
Mar 31, 2022
$26,500,000
Civf Vi Nj2b01 LLC
52 Locke LLC
Bargain And Sale Deed
—
Jan 12, 2021
$11,650,000
52 Locke LLC
Jmj Warehouse Associates
Deed
$10,400,000 · Midcap Financial Trust
Dec 21, 2020
—
Jmj Warehouse Associates
—
Deed
related
$1,490,000 · Wilmington Savings Fund Society Fsb
Jan 14, 2019
—
Jmj Warehouse Associates
Jmj Warehouse Associates
Quit Claim Deed
related
—
May 1, 2018
—
52 Locke Avenue Associates LLC
—
Deed
related
$148,974 · Beneficial Bank
Mar 28, 2006
—
Jmj Warehouse Associates
Dm Woolwich LLC
Deed
$1,245,000 · Citizens Bank Of Pa
Mar 28, 2006
$1
Dm Woolwich LLC
Dm Woolwich LLC
Grant Deed
related
—
Jan 24, 2005
$3,700,000
Dm Woolwich LLC
Del Monte Corp
Grant Deed
$4,850,000 · Gmac Commercial Mortgage Corp
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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