824 Columbia Ave Millville, NJ 08332-3733
This exceptional 2,715 square foot industrial property presents a compelling investment opportunity in Millville, NJ. Situated on the west side of Columbia Avenue, south of Sharp Street, this strategically located site boasts convenient access and excellent visibility. The property features public water, sewer, gas, and electric utilities, ensuring seamless operational efficiency. Concrete curbs and sidewalks are installed along the entire Columbia Avenue frontage, enhancing both aesthetics and accessibility. Entry to the property is directly from Columbia Avenue. Security is provided by a six-foot-high chain link fence encompassing the entire site. While the lot itself is irregular in shape, a portion offers unimproved parking space for approximately three to six vehicles. This property is ideal for a variety of industrial uses and represents a strong return on investment. The building's size, coupled with its prime location and readily available utilities, makes it an attractive prospect for businesses seeking a functional and well-situated space. The existing infrastructure, including the chain link fence and paved frontage, minimizes upfront capital expenditure. This is a rare opportunity to acquire a well-positioned industrial property in a thriving area. Don't miss out on this chance to secure a valuable asset.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Millville, NJCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.