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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Parking lots & garages
800 Atlantic Ave Atlantic City, NJ 08401
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US59-0944455
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
2000
Lot
4.42 ac (192,500 SF)
Zoning code
CBD
APN
02 00134-0000-00001
UPID
US59-0944455
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
-
Showboat Casino Parking Lot - Walk Up Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$695k
Owner & transaction history
Showboat Ren I LLC · 3 yrs held
Showboat Ren I LLC
since 2022
7 recorded transactions
Zoning & alternative use
CBD · Atlantic City, NJ
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 Atlantic City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic City 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
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
—
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
$144,580
Tax year 2022
Assessed value
$3,827,900
Assessed 2023
Previous assessed
$3,827,900
+0.0% YoY
Effective rate
3.78%
On assessed value
Assessed land
$2,608,200
Assessed improvement
$1,219,700
Land market value
$2,608,200
Improvement market value
$1,219,700
Total market value
$3,827,900
Applied tax rate
2.0000
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
2000
Heating
NONE
Units
1
Lot
4.42 ac (192,500 SF)
Zoning code
CBD
APN
02 00134-0000-00001
UPID
US59-0944455
Jurisdiction
ATLANTIC
Zoning & alternative use
CBD · Atlantic City, NJ
Zoning CBD · permitted uses
CBD · Atlantic City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Units
1
Lot
4.42 ac
Current owner
From public records · entity-resolved
Showboat Ren I LLC
Entity
Mailing address
1520 LOCUST ST STE #300, PHILADELPHIA, PA 19102-4404
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
—
Showboat Ren I LLC
Showboat Renaissance LLC
Deed
$23,920,000 · Webster Bank NA
Mar 2, 2017
—
Showboat Renaissance LLC
—
Grant Deed
related
$33,800,000 · Romspen Mtg
Feb 1, 2016
$23,000,000
Showboat Renaissance LLC
Stockton University
Deed
$25,500 · Romspen Mortgage Limited Partnership
Dec 18, 2014
$18,000,000
Richard Stockton Clg Of Nj
Showboat Atlantic City Propco
Grant Deed
—
Jun 24, 2009
—
Showboat Atlantic City Propco
—
Deed Of Trust
related
—
Dec 31, 2008
—
Showboat Atlantic City Propco
—
Deed Of Trust
related
$2,100,000,000 · Us Bank NA
Jun 23, 2008
—
Showboat Atlantic City Propco
—
Deed Of Trust
related
$11,000,000 · Bank Of America
Jan 31, 2008
—
Showboat Atlantic City Propco LLC
Atlantic City Showboat INC
Deed
$400,000,000 · Jpmorgan Chase Bank NA
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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