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Property profile & analytics
OFF-MARKET
Estimated value
$14,670,000
Industrial properties
530 Mt Pleasant Ave Dover, NJ 07801-1620
Entity Owned
24-yr Hold
Free & Clear
Property ID
US59-1818710
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1988
Total area
111,822 SF
Lot
11.59 ac (504,752 SF)
Zoning code
IND
APN
09 00901-0000-00003
UPID
US59-1818710
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
-
Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
-
Garden Center at The Home Depot Garden Center
-
Home Services at The Home Depot General Contractor
-
The Home Depot Building Supply Hardware & Home Improvement
-
Tool & Truck Rental Center at The Home Depot General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.31M
Comparable Approach
Comparable
$9.95M
Blend (final)
Blend
$14.67M
Owner & transaction history
HD DEVELOPMENT MARYLAND INC
HD DEVELOPMENT MARYLAND INC
Zoning & alternative use
IND · Dover, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$23.4M
+17.2%
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 Dover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dover 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,920,000
6.5%
$19,310,000
7%
$17,930,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$19,990,000
Current use
OFFICE BUILDING
$23,420,000
Change: +17% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,530,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$14.67M
Range $13.20M – $16.14M · ±10%
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
$131 / 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
$395,773
Tax year 2022
Assessed value
$12,888,800
Assessed 2023
Previous assessed
$13,388,800
-3.7% YoY
Effective rate
3.07%
On assessed value
Assessed land
$8,690,300
Assessed improvement
$4,198,500
Land market value
$8,690,300
Improvement market value
$4,198,500
Total market value
$12,888,800
Applied tax rate
9.0000
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
Year built
1988
Heating
NONE
Total area
111,822 SF
Lot
11.59 ac (504,752 SF)
Zoning code
IND
APN
09 00901-0000-00003
UPID
US59-1818710
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
IND · Dover, NJ
Zoning IND · permitted uses
IND · Dover, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$20.0M
OFFICE BUILDING
Est. value
$23.4M
COMMERCIAL (GENERAL)
Est. value
$17.5M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
Year built
1988
Heating
NONE
Lot
11.59 ac
Current owner
From public records · entity-resolved
HD DEVELOPMENT MARYLAND INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 105842, ATLANTA, GA 30348-5842
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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