572 Porchtown Rd Franklinville, NJ 08322-3690
This exceptional mixed-use property at 572 Porchtown Road, Franklinville, NJ, presents a lucrative investment opportunity. Boasting 2,160 square feet on a one-acre lot, this strategically located building enjoys high visibility at a multi-road intersection with a picturesque view of Iona Lake. The property's rich history includes previous tenancies by a Wawa, Iona Deli, and a pizzeria, showcasing its adaptability to various commercial ventures. Currently occupied by La Patrona Mexican Restaurant under a lease extending until March 2025, this provides immediate rental income and a stable foundation for your investment. The current tenant is aware of the sale and is open to continuing their lease. This prime location in Franklinville, NJ, offers unparalleled exposure and potential for significant return on investment. The building's versatile layout and prominent position make it an ideal choice for a wide range of businesses seeking a high-traffic, easily accessible location. The one-acre lot provides ample space for potential expansion or outdoor seating, further enhancing its appeal. This is a rare opportunity to acquire a well-established commercial property with a proven track record and significant future potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
RA · Franklinville, 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.