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    824 Columbia Ave Millville, NJ 08332

    For Sale
    $97,500

    2,715 sq ft Industrial Building, Great Investment

    Property size:
    2,715 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    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.

    Property Features for 824 Columbia Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    2,715 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millville
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.04616
    Latitude
    39.40259

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    FAQs

    What type of property is this?
    Industrial property - 2,715 sq ft Industrial Building, Great Investment
    Where is this industrial property located?
    The property is located at 824 Columbia Ave Millville, NJ.
    What is the asking price?
    The asking price for this property is $97,500.
    (609) 394-1114
    Request Owner's contact information
    824 Columbia Ave Millville, NJ 08332
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    Millville, NJ 08332
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    824 Columbia Ave Millville, NJ 08332
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