384 Rutherford Ave Franklin, NJ 07416
For Lease
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This exceptional commercial property, located at 384 Rutherford Avenue in Franklin, New Jersey, presents a unique investment opportunity. Situated on a sizable 0.76-acre lot, the property features a substantial garage building equipped with electricity. The garage offers ample space for various commercial uses, from vehicle storage and repair to equipment warehousing or potentially even light manufacturing, subject to local zoning regulations. Its strategic location provides easy access to major highways, ensuring convenient transportation for both employees and clients. The high-traffic area surrounding the property promises significant visibility and accessibility, making it an ideal location for a business seeking a strong presence in the Franklin community. The property's size and features offer considerable flexibility for a range of commercial ventures. This is a must-see property for any investor or business owner looking for a well-located, functional space with significant potential. The asking price is $495,000. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to acquire a valuable commercial asset in a thriving location.
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
B-1 · Franklin, NJFranklin. Always verify with local authorities before improvements.
Costs & 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.