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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Industrial properties
702 King Ave Cherry Hill, NJ 08002-3304
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-3174148
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1968
Construction
CONCRETE BLOCKS
Total area
29,595 SF
Lot
0.61 ac (26,572 SF)
APN
09 00021- 01-00009
UPID
US59-3174148
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
$710k
Blend (final)
Blend
$1.04M
Owner & transaction history
King Avenue Properties LLC · 9 yrs held
King Avenue Properties LLC
since 2017
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 Cherry Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cherry 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$35 / 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
$18,358
Tax year 2022
Assessed value
$449,300
Assessed 2023
Previous assessed
$449,300
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$195,200
Assessed improvement
$254,100
Land market value
$195,200
Improvement market value
$254,100
Total market value
$449,300
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
1968
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
29,595 SF
Lot
0.61 ac (26,572 SF)
APN
09 00021- 01-00009
UPID
US59-3174148
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
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
King Avenue Properties LLC
Entity
Mailing address
708 KING AVE, CHERRY HILL, NJ 08002-3304
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2018
—
King Properties LLC
—
Trustees Deed
related
$700,000 · 1st Colonial Cmnty Bk
Mar 21, 2017
$850,000
King Avenue Properties LLC
T & C Property LLC
Grant Deed
$680,000 · 1st Colonial Cmnty Bk
Dec 21, 2016
—
T & C Property LLC
—
Deed
related
$1,353,676 · Firstrust Bk
Jun 14, 2012
$615,000
T & C Property LLC
Casaba Real Estate Holding Cor
Grant Deed
$492,000 · Firstrust Bank
Feb 23, 2012
—
Casaba R/e Holding Corp
702 King Avenue LLC
Grant Deed
related
—
Mar 22, 2010
—
702 King Ave LLC
—
Deed Of Trust
related
$2,250,000 · People Capital & Leasaing Corp
Nov 12, 2004
$800,000
702 King Avenue LLC
Cenveo Commercial INC
Grant Deed
$975,000 · Boardwalk Bank
—
—
T & C Property LLC
—
Deed Of Trust
related
$260,000 · Firstrust Bank
—
—
702 King Avenue LLC
—
Deed Of Trust
related
$300,000 · Boardwalk Bank
—
—
T & C Property LLC
—
Deed Of Trust
related
$1,353,676 · Firstrust Bk
—
—
702 King Avenue LLC
—
Deed Of Trust
related
$300,000 · Boardwalk 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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