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Property profile & analytics
FOR LEASE
Warehouses
95 Connecticut Dr, Burlington, NJ 08016
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-0063916
For Lease
1 / 2
$2,555,000
95 Connecticut Dr, Burlington, NJ 08016
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Property summary
AI-generated overview
This Burlington Township, NJ property at 95 Connecticut Dr, 08016 offers 10,000 square feet of flexible office and industrial space in a single, one-story building. Built in 1985 and renovated in 1995, this Class B property features 7,500 square feet of immediately available space, divisible into units as small as 2,500 square feet, with a maximum contiguous space of 10,000 square feet. The property sits on a 3.825-acre lot and boasts a 15-foot ceiling height, ideal for various uses including executive office, creative office, flex space, warehouse, distribution, and R&D. Two drive-in bays provide convenient access, complemented by ample parking with 43 total spaces. The property is zoned B2 and comprises two suites. This multi-tenant building presents a unique opportunity for businesses seeking adaptable space in a prime Burlington Township location. Inquire today to learn more about this exceptional opportunity.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1986
Total area
21,000 SF
Lot
3.83 ac (166,617 SF)
Zoning code
I-1
APN
06 00120-0000-00001- 02
UPID
US59-0063916
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
-
Burlington Press (Bike/Boat/Book/etc) Store Printing Service
-
KeyImpact Sales & Systems, Inc. Food Broker Food Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
Circle Square Investments LLC · 5 yrs held
Circle Square Investments LLC
since 2021
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
I-1 · Burlington, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.2M
+230.0%
Office building
$3.0M
+208.2%
Apartment house (5+ units)
$2.6M
+167.2%
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 Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington 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
$3,035,000
ML approach
$2,940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,195,000
Change: +230% · Conversion: Easy
OFFICE BUILDING
$2,985,000
Change: +208% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,590,000
Change: +167% · Conversion: Difficult
RESTAURANT
$2,330,000
Change: +141% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,230,000
Change: +130% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,580,000
Change: +63% · Conversion: Easy
Blend value · Realmo final
$2.56M
Range $2.30M – $2.81M · ±10% · vs last sale $2.13M (Feb 16 2021)
Last sale anchor
$2.13M
Feb 16 2021
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
$122 / 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
$57,990
Tax year 2022
Assessed value
$1,949,900
Assessed 2023
Previous assessed
$1,949,900
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$296,000
Assessed improvement
$1,653,900
Land market value
$296,000
Improvement market value
$1,653,900
Total market value
$1,949,900
Applied tax rate
6.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1986
Heating
NONE
Total area
21,000 SF
Lot
3.83 ac (166,617 SF)
Zoning code
I-1
APN
06 00120-0000-00001- 02
UPID
US59-0063916
Jurisdiction
BURLINGTON
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
I-1 · Burlington, NJ
Zoning I-1 · permitted uses
I-1 · Burlington, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1986
Heating
NONE
Lot
3.83 ac
Current owner
From public records · entity-resolved
Circle Square Investments LLC
Entity
Mailing address
7 GORDON AVE, LAWRENCEVILLE, NJ 08648-1004
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2021
$2,125,000
Circle Square Investments LLC
Connecticut 95 Partners LLC
Deed
$1,575,000 · William Penn Bank Fsb
Nov 30, 2006
$1
Connecticut 95 Partners LLC
Connecticut 95 Partners LLC
Grant Deed
related
$2,500,000 · General Electric Capital Corp
May 23, 2006
$1,936,811
Connecticut 95 Partners LLC
Dolan Group I LLC
Grant Deed
$2,000,000 · Branch Banking & Trust Co
Oct 8, 2004
—
Dolan Group I LLC
—
Deed Of Trust
related
$3,000,000 · Commerce 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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