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    1507 Route 206 Tabernacle, NJ 08088

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    For Sale
    $789,000

    Well-maintained commercial property on 2.8 acres with high visibility.

    Property size:
    2,350 SF
    Lot size:
    1.86 Acres

    Property Features for 1507 Route 206

    General Information

    Size
    2,350 SF
    Lot size
    1.86 Acres

    Source: Vantage Commercial Agent Ken Richardson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Route 206 Commercial Property

    Situated on a 2.8-acre lot along Route 206, this commercial property benefits from substantial street-level exposure and visibility, with an estimated traffic count of 15,000 to 20,000 vehicles per day, increasing on weekends. Its location, just before a signaled intersection, enhances accessibility and prominence. Originally constructed as a bank in 1978, with an expansion in 2015, the 2,350-square-foot property retains its distinctive architectural features, including a prominent roof cupola and an original 11’ x 15’ bank vault. These elements add unique character and potential branding opportunities for businesses seeking a memorable location. The surrounding area boasts a strong sense of community, with local businesses and amenities that cater to residents’ needs. While the area maintains a rural charm, it’s well-connected to nearby towns offering additional services and attractions. This balance of tranquility and accessibility makes the location appealing for those seeking a peaceful yet connected lifestyle.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tabernacle
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.73501
    Latitude
    39.850983

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    FAQs

    What type of property is this?
    Bank - Well-maintained commercial property on 2.8 acres with high visibility.
    Where is this bank located?
    The property is located at 1507 Route 206 Tabernacle, NJ.
    What is the asking price?
    The asking price for this property is $789,000.
    What are key features of this property?
    This property features: - High visibility location on Route 206 with 15,000-20,000 vehicles per day traffic count.; - **2.8-acre lot with substantial street-level exposure.**; - Expanded and well-maintained commercial property.
    (609) 346-0512
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    1507 Route 206 Tabernacle, NJ 08088
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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
    1507 Route 206 Tabernacle, NJ 08088
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