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    Ryders Ln Milltown, NJ 08850

    For Sale
    $1,100,000

    High-traffic corner lot, ideal retail space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, situated on a 0.41-acre lot in Milltown, NJ, presents a remarkable investment opportunity. Located on Ryders Lane, it boasts an excellent corner location at one of the busiest intersections in Middlesex County, ensuring high visibility and substantial foot traffic. The stand-alone building offers two convenient driveway entrances, providing easy access for customers and deliveries. Its prime location makes it perfectly suited for a variety of retail businesses, including but not limited to convenience stores, delis, pharmacies, or professional offices. The property's strategic placement at a major intersection guarantees significant exposure to a large customer base. This is a rare chance to acquire a high-demand commercial property in a thriving area with excellent potential for growth and profitability. The building's versatile layout and prominent location offer a unique opportunity for entrepreneurs and investors seeking a strong return on investment. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The asking price is $1,100,000.

    Property Features for Ryders Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    17,860 SF

    Building Details

    Year Built
    1960
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Milltown
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.42516
    Latitude
    40.45813

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic corner lot, ideal retail space.
    Where is this commercial real estate located?
    The property is located at Ryders Ln Milltown, NJ.
    What is the asking price?
    The asking price for this property is $1,100,000.
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    Ryders Ln Milltown, NJ 08850
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    Milltown, NJ 08850
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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
    Ryders Ln Milltown, NJ 08850
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