Property profile

75 Us Hwy 22 Springfield, NJ 07081

OFF-MARKET
Commercial real estate
Property ID
US59-1197587
19,411 SF 1.98 ac lot Built 2019
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2019
Total area 19,411 SF
Lot 1.98 ac (86,248 SF)
APN 17 03801-0000-00006
UPID US59-1197587

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

75 Us Hwy 22 Springfield, NJ 07081-3105
Springfield metro Census 37602 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.94M
Comparable Approach Comparable
$2.55M
Blend (final) Blend
$3.24M

Owner & transaction history

since 2017
7 recorded transactions
2022
Price N/A
2020
Price N/A
2018
Price N/A
2017
$322,222
2017
$966,666
2016
Price N/A
2016
$52,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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