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Property profile & analytics
OFF-MARKET
Commercial real estate
81 International S Dr Budd Lake, NJ 07828-4400
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-1504155
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Total area
135 SF
Lot
12.13 ac (528,339 SF)
Zoning code
C-LI
APN
27 04105-0000-00001- 03
UPID
US59-1504155
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
-
Amazon Locker - Hygienist Postal Service Courier Service
-
PGLB Logistics LLC. Logistics Company Freight Service
-
higi Medical Clinic
-
Alexander Zorn Pharmacy
-
PGLB Delivery Partner | Amazon DNJ7 Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
81 Ids Group LLC · 1 yrs held
81 Ids Group LLC
since 2024
Last sale
$29.1M
7 recorded transactions
Zoning & alternative use
C-LI · Budd Lake, 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 Budd Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Budd Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$479,889
Tax year 2022
Assessed value
$14,680,000
Assessed 2023
Previous assessed
$14,680,000
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$7,900,000
Assessed improvement
$6,780,000
Land market value
$7,900,000
Improvement market value
$6,780,000
Total market value
$14,680,000
Applied tax rate
27.0000
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
2001
Heating
NONE
Total area
135 SF
Lot
12.13 ac (528,339 SF)
Zoning code
C-LI
APN
27 04105-0000-00001- 03
UPID
US59-1504155
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
C-LI · Budd Lake, NJ
Zoning C-LI · permitted uses
C-LI · Budd Lake, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Budd Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Lot
12.13 ac
Current owner
From public records · entity-resolved
81 Ids Group LLC
Entity
Mailing address
1590 TROY AVE, BROOKLYN, NY 11234-1444
Ownership since
2024
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
Aug 22, 2024
$29,133,416
81 Ids Group LLC
Ldt Enterprises LLC
Deed
—
Jul 30, 2020
—
Ldt Enterprises LLC
—
Deed
related
$18,000,000 · Lakeland Bank
Jun 30, 2020
$25,000,000
Ldt Ents LLC
Fem International Drive LLC
Grant Deed
—
Apr 18, 2013
$9,300,000
Fem International Drive LLC
Mt Olive Retail LLC
Grant Deed
—
Aug 30, 2012
$11,200,000
Mt Olive Retail LLC
Redus Nj LLC
Grant Deed
—
Aug 30, 2012
—
Mt Olive Retail LLC
Redus Nj LLC
Deed Of Trust
related
$9,900,000 · Bank Of America
—
—
Fem International Drive LLC
—
Deed Of Trust
related
$7,000,000 · Lakeland 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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