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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Commercial real estate
7660 Black Horse Pike Hammonton, NJ 08037-9121
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1521553
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1999
Construction
FRAME
Total area
5,000 SF
Lot
11.57 ac (503,989 SF)
Zoning code
FA70
APN
12 00041-0000-00001- 02
UPID
US59-1521553
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
$890k
CAP Approach
CAP
$1.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
Premiere Real Estate Holdings III L · 1 yrs held
Premiere Real Estate Holdings III L
since 2025
Last sale
$899,500
7 recorded transactions
Zoning & alternative use
FA70 · Hammonton, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+121.2%
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 Hammonton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hammonton 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
$840,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
$1,240,000
6.5%
$1,140,000
7%
$1,060,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$650,000
Current use
OFFICE BUILDING
$1,435,000
Change: +121% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$630,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$880k
Range $792k – $968k · ±10% · vs last sale $900k (Feb 14 2025)
Last sale anchor
$900k
Feb 14 2025
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
$176 / 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
$11,294
Tax year 2022
Assessed value
$350,100
Assessed 2023
Previous assessed
$350,100
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$50,000
Assessed improvement
$300,100
Land market value
$50,000
Improvement market value
$300,100
Total market value
$350,100
Applied tax rate
12.0000
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
1999
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Total area
5,000 SF
Lot
11.57 ac (503,989 SF)
Zoning code
FA70
APN
12 00041-0000-00001- 02
UPID
US59-1521553
Jurisdiction
ATLANTIC
Zoning & alternative use
FA70 · Hammonton, NJ
Zoning FA70 · permitted uses
FA70 · Hammonton, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hammonton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$650,000
OFFICE BUILDING
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$630,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1999
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
11.57 ac
Current owner
From public records · entity-resolved
Premiere Real Estate Holdings III L
Entity
Mailing address
7640 BLACK HORSE PIKE, HAMMONTON, NJ 08037-9121
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2026
—
Premiere Real Estate Holdings
—
Deed
related
$982,500 · Wellsfargobankna
Feb 14, 2025
$899,500
Premiere Real Estate Holdings III L
Sheri L Theno
Deed
—
Oct 21, 2010
—
Sheri L Theno
Theno Gary A
Quit Claim Deed
related
—
—
—
Gary A Theno
—
Deed Of Trust
related
$188,582 · Minotola National Bank
—
—
Gary A Theno
—
Deed Of Trust
related
$180,000 · Minotola National Bank
—
—
Gary A Theno
—
Deed Of Trust
related
$300,000 · Minotola National Bank
—
—
Gary A Theno
—
Deed Of Trust
related
$150,482 · Minotola National 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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