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Property profile & analytics
OFF-MARKET Estimated value $4,105,000
Industrial properties

Main St Butler, NJ 07405

30,140 SF 3.91 ac lot
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US59-0506315
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction WOOD
Total area 30,140 SF
Lot 3.91 ac (170,320 SF)
Zoning code R-5
APN 03 00015-0000-00008
UPID US59-0506315
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
by Request
CAP Approach CAP
$5.21M
Comparable Approach Comparable
$3.01M
Blend (final) Blend
$4.11M
Owner & transaction history
Vmc Realty Holdings LLC · 21 yrs held
Vmc Realty Holdings LLC
since 2005
3 recorded transactions
2023
Price N/A
2009
Price N/A
2005
$1
Zoning & alternative use
R-5 · Butler, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

14 Cemeteries are permitted in the R-2, R-4 and R-5 Districts only 15 Funeral homes are permitted in the R-2, R-4 and R-5 Districts only 16 Private garages may accommodate not more than three cars 17 Tale out service in CBD. All retail business shall be conducted entirely from within the confines of a building. All merchandise, including carry-out and take-o…

Zone name Residence
General category COMMERCIAL
Zone area 59.27 ac
Source Butler, NJ
Top alternative use upside
Office building $6.3M +17.2%
Commercial (general) $6.3M +16.9%
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