Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    900 Rte 168th Ste B5 Blackwood, NJ 08012-3205

    • Office Properties & Spaces
    OFF-MARKET
    Last Sale
    Dec 22, 2023
    $105,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-1649411
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Summerville Counseling Services / Crisis Center / Medical Clinic
    • Sampoli Louis / Law Firm / Insurance Agency

    Property Details for 900 Rte 168th Ste B5

    Year built
    1990
    Zone code
    HC
    Property type
    Office Properties & Spaces
    APN
    18 00214-0000-00002-0000-CB005
    APU
    18002140000000020000CB005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Blackwood
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0522
    Latitude
    39.7788
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,821
    $39,600
    $70,300
    $109,900
    -
    $39,600
    $70,300
    $109,900

    Comparable in this City

    • Value Estimation by Request
      9,600 SF

      5100 Nj-42

      Office Properties & Spaces • 9,600 SF
      5100 Nj-42, Washington Township, NJ 08012
      View Details
    • Value Estimation by Request
      650 SF

      4551 Nj-42

      Office space • 650 SF
      4551 Nj-42, Washington Township, NJ 08012
      View Details
    • Value Estimation by Request

      188 Fries Ml Rd Ste D2

      CONDOMINIUM OFFICES
      188 Fries Ml Rd Ste D2, Blackwood, NJ 08012-2015
      View Details
    • Value Estimation by Request

      151 Fries Ml Rdunit502

      CONDOMINIUM OFFICES
      151 Fries Ml Rdunit502, Blackwood, NJ 08012-2016
      View Details
    • Value Estimation by Request

      188 Fries Ml Rdm4

      CONDOMINIUM OFFICES
      188 Fries Ml Rdm4, Blackwood, NJ 08012-2015
      View Details
    • Value Estimation by Request

      188 Fries Ml Rd Ste F1

      CONDOMINIUM OFFICES
      188 Fries Ml Rd Ste F1, Blackwood, NJ 08012-2015
      View Details

    Similar Nearby for Sale

    • $210,000

      Commercial Property on Black Horse Pike

      Commercial property for sale located on Black Horse Pike.
      1235 N Black Horse Pike, Blackwood, NJ 08012
      View Details
    • $675,000
      4,000 SF

      Turnersville Office Building - High Traffic

      Prime Office Space, High Visibility, 4,000 sq ft
      5021 Nj-42, Turnersville, NJ 08012
      View Details
    • $399,900
      1,500 SF

      Sicklerville Office Building For Sale

      Turnkey Office, High-Traffic Location
      122 Johnson Rd, Sicklerville, NJ 08012
      View Details
    • Contact for pricing
      3.01 Acres

      Blackwood Office Space - Prime Location

      High-visibility office, 3+ acres, immediate occupancy.
      460 Black Horse Pike, Blackwood, NJ 08012
      View Details
    • $470,000
      2,699 SF

      Gloucester Twp Office Building

      Mixed-use building, great investment.
      100 Black Horse Pike, Gloucester Township, NJ 08012
      View Details
    • $399,000

      Commercial Suites in Blackwood, NJ

      Turnkey investment opportunity with long-term tenant near Route 168.
      900 Unit J1 & J2, Blackwood, NJ 08012
      View Details

    Similar Nearby for Lease

    • $350 /Mo
      80,586 SF

      Blackwood Office Suites For Lease

      Office suites available in a prime Blackwood, NJ location.
      571 Rte, Blackwood, NJ 08012
      View Details
    • Contact for pricing
      10,650 SF

      Industrial/Flex Space Near Major Routes

      Industrial/flex space with easy access to major South Jersey thoroughfares.
      110 Harmon Dr, Blackwood, NJ 08012
      View Details
    • Contact for pricing
      20,000 SF

      Fries Mill Road Industrial Warehouse

      20,000 SF Warehouse, Manufacturing Space
      196 Fries Ml Rd, Washington Township, NJ 08012
      View Details
    • Contact for pricing
      200,043 SF

      Washington Plaza Warehouse Space For Lease

      Large NJ Warehouse, Flexible Space Available
      5901 Nj-42, Washington Township, NJ 08012
      View Details
    • $11 SF/Yr
      25,000 SF

      Gloucester Twp Industrial Flex Space

      Camden County warehouse/flex space available.
      500 Davistown Rd, Gloucester Township, NJ 08012
      View Details
    • $14 SF/Yr
      3,600 SF

      Willow Plaza Retail Space For Lease

      Prime Washington Twp. Retail, 3,600 SF Available
      4991 Nj-42, Washington Township, NJ 08012
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    900 Rte 168th Ste B5
    Blackwood, NJ 08012-3205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.