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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Drug stores
955 Bay Ave Barnegat, NJ 08005-1250
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US59-1046967
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Total area
13,524 SF
Lot
2.11 ac (91,912 SF)
Zoning code
CN
APN
01 00092- 111-00024- 13
UPID
US59-1046967
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
-
CVS Photo (Bike/Boat/Book/etc) Store
-
Santander Bank ATM Atm
-
CVS Cosmetic Store
-
CVS Pharmacy Pharmacy
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
Scp 2010-c36-037 LLC · 15 yrs held
Scp 2010-c36-037 LLC
since 2011
1 recorded transaction
Zoning & alternative use
CN · Barnegat, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
55-13 R-10 RESIDENTIAL ZONE. § 55-14 R-7.5 RESIDENTIAL ZONE. § 55-15 RC-7.5 RESIDENTIAL CLUSTER ZONE. § 55-16 R-6 RESIDENTIAL ZONE. § 55-17 R-MF MULTIFAMILY RESIDENTIAL ZONE. § 55-18 C-M MARINE COMMERCIAL ZONE. § 55-19 C-N NEIGHBORHOOD COMMERCIAL ZONE EAST OF PARKWAY. § 55-20 C-PHD PLANNED HIGHWAY DEVELOPMENT COMMERCIAL. § 55-21 C-V VILLAGE COMMERCIAL ZONE.…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
249.17 ac
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 Barnegat submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Barnegat 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,935,000
Change: 0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,320,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±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
$135 / 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
$95,778
Tax year 2022
Assessed value
$3,400,000
Assessed 2023
Previous assessed
$3,400,000
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$2,110,000
Assessed improvement
$1,290,000
Land market value
$2,110,000
Improvement market value
$1,290,000
Total market value
$3,400,000
Applied tax rate
1.0000
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Heating
NONE
Units
1
Total area
13,524 SF
Lot
2.11 ac (91,912 SF)
Zoning code
CN
APN
01 00092- 111-00024- 13
UPID
US59-1046967
Jurisdiction
OCEAN
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
CN · Barnegat, NJZoning CN · permitted uses
CN · Barnegat, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
55-13 R-10 RESIDENTIAL ZONE. § 55-14 R-7.5 RESIDENTIAL ZONE. § 55-15 RC-7.5 RESIDENTIAL CLUSTER ZONE. § 55-16 R-6 RESIDENTIAL ZONE. § 55-17 R-MF MULTIFAMILY RESIDENTIAL ZONE. § 55-18 C-M MARINE COMMERCIAL ZONE. § 55-19 C-N NEIGHBORHOOD COMMERCIAL ZONE EAST OF PARKWAY. § 55-20 C-PHD PLANNED HIGHWAY DEVELOPMENT COMMERCIAL. § 55-21 C-V VILLAGE COMMERCIAL ZONE. § 55-22 (RESERVED) § 55-23 ML-1 RESIDENTIAL ZONE. § 55-24 ML-2 RESIDENTIAL ZONE. §
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
249.17 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
COMMERCIAL (GENERAL)
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
Heating
NONE
Units
1
Lot
2.11 ac
Current owner
From public records · entity-resolved
Scp 2010-c36-037 LLC
Entity
Mailing address
1 CVS DR E ST #5675, WOONSOCKET, RI 02895
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2011
$6,405,106
Scp 2010-c36-037 LLC
New Jersey Cvs Pharmacy L L C
Deed
$5,947,173 · Wells Fargo Bank Northwest National
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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