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Property profile & analytics
OFF-MARKET
Estimated value
$10,160,000
Commercial real estate
Cranberry Rd At Asbury Rd, Farmingdale, NJ 07727
Entity Owned
5-yr Hold
Free & Clear
Property ID
US59-2360706
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1996
Total area
912 SF
Lot
201.36 ac (8,771,242 SF)
Zoning code
RRC
APN
21 00185-0000-00040- 104
UPID
US59-2360706
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.16M
Owner & transaction history
Eagle Golf Ents LLC · 5 yrs held
Eagle Golf Ents LLC
since 2020
Last sale
$9.0M
4 recorded transactions
Zoning & alternative use
RRC · Farmingdale, 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 Farmingdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmingdale 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
$11,115,000
ML approach
$11,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.16M
Range $9.14M – $11.18M · ±10% · vs last sale $9.00M (Jul 8 2020)
Last sale anchor
$9.00M
Jul 8 2020
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
$11,140 / 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
$390,192
Tax year 2022
Assessed value
$17,544,800
Assessed 2023
Previous assessed
$17,544,800
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$1,703,700
Assessed improvement
$15,841,100
Land market value
$1,703,700
Improvement market value
$15,841,100
Total market value
$17,544,800
Applied tax rate
21.0000
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
1996
Heating
NONE
Total area
912 SF
Lot
201.36 ac (8,771,242 SF)
Zoning code
RRC
APN
21 00185-0000-00040- 104
UPID
US59-2360706
Jurisdiction
MONMOUTH
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
RRC · Farmingdale, NJ
Zoning RRC · permitted uses
RRC · Farmingdale, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmingdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Lot
201.36 ac
Current owner
From public records · entity-resolved
Eagle Golf Ents LLC
Entity
Free & Clear · 5 yrs held
Mailing address
20 SHR OAKS DR, FARMINGDALE, NJ 07727-3689
Ownership since
2020
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
Jul 8, 2020
—
Eagle Golf Ents LLC
Eagle Golf Ents LLC
Quit Claim Deed
related
—
Jan 6, 2015
—
Eagle Golf Ents LLC
—
Grant Deed
related
$7,700,000 · Provident Bk
Jan 7, 2008
—
Eagle Golf Ents LLC
—
Deed Of Trust
related
$21,000,000 · Textron Fin'l
Feb 11, 2003
$9,000,000
Eagle Golf Enterprises LLC
Cannon Golf Enterprises INC
Grant Deed
$4,500 · Private Individual
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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