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Property profile & analytics
OFF-MARKET
Commercial real estate

572 Porchtown Rd Franklinville, NJ 08322-3690

2,255 SF 1 ac lot Built 1987
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US59-1567727
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1987
Construction TYPE NOT SPECIFIED
Total area 2,255 SF
Lot 1 ac (43,560 SF)
Zoning code RA
APN 05 03312-0000-00010
UPID US59-1567727
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
L & K Petroleums INC · 14 yrs held
L & K Petroleums INC
since 2011
6 recorded transactions
2018
Price N/A
2011
$210,000
2005
$200,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RA · Franklinville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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