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Property profile & analytics
OFF-MARKET
Estimated value
$1,370,000
Commercial real estate
704 Main St Moorestown, NJ 08057-3069
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US59-2119145
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1986
Construction
BRICK
Total area
10,948 SF
Lot
3.47 ac (151,153 SF)
APN
22 06600-0000-00004
UPID
US59-2119145
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
-
Stockton Family Law LLC Law Firm
-
Alterman Benjamin Physician Medical Clinic
-
Appraisal Xperts Real Estate Agency
-
American Practice Consultants/Kevin Cooper, MBA Business Management Consultant
-
Fortius Physical Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$1.46M
Blend (final)
Blend
$1.37M
Owner & transaction history
704 East Main LLC · 7 yrs held
704 East Main LLC
since 2019
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+21.5%
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 Moorestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorestown 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%
$1,550,000
6.5%
$1,430,000
7%
$1,325,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,675,000
Current use
OFFICE BUILDING
$2,030,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,435,000
Change: -14% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,400,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$1.37M
Range $1.23M – $1.51M · ±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
$125 / 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
$59,277
Tax year 2022
Assessed value
$2,176,900
Assessed 2023
Previous assessed
$2,176,900
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$401,300
Assessed improvement
$1,775,600
Land market value
$401,300
Improvement market value
$1,775,600
Total market value
$2,176,900
Applied tax rate
22.0000
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
1986
Construction
BRICK
Heating
NONE
Stories
1
Total area
10,948 SF
Lot
3.47 ac (151,153 SF)
APN
22 06600-0000-00004
UPID
US59-2119145
Jurisdiction
BURLINGTON
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
1986
Construction
BRICK
Heating
NONE
Stories
1
Lot
3.47 ac
Current owner
From public records · entity-resolved
704 East Main LLC
Entity
Mailing address
704 E MAIN ST STE G, MOORESTOWN, NJ 08057-3072
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2019
—
704 East Main LLC
—
Deed
related
$1,144,000 · Griffin Ralph L (es)
—
—
704 East Main LLC
—
Deed Of Trust
related
$1,144,000 · Griffin Ralph L (es)
—
—
704 East Main LLC
—
Deed Of Trust
related
$1,200,000 · Pnc 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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