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    76 Main Ave Passaic, NJ 07055

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    For Lease
    Contact for pricing

    Former Walgreens pharmacy in a densely populated neighborhood strip center.

    Property size:
    1,000 SF
    Lot size:
    2.00 Acres

    Property Features for 76 Main Ave

    General Information

    Size
    1,000 SF
    Lot size
    2.00 Acres

    Source: Jeffery Realty Agent Brian Battista

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

    Overview

    Former Pharmacy in Densely Populated Area

    This 1,000 square foot retail property, formerly a Walgreens pharmacy, is an anchor space within a neighborhood strip center. The property is situated in a densely populated area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Rx Passaic Pharmacy, A-1 Nutrition Store, Richard Lambroschino, Meadow Pharmacy and Wellness, Benecard Services Llc

    Location Insight

    • Map
    • Local Demand
    City
    Passaic
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1300657
    Latitude
    40.8426175

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    FAQs

    What type of property is this?
    Drug store - Former Walgreens pharmacy in a densely populated neighborhood strip center.
    Where is this drug store located?
    The property is located at 76 Main Ave Passaic, NJ.
    What are key features of this property?
    This property features: - Anchor space available in a neighborhood strip center; - Former Walgreens Pharmacy offering adaptable space; - Located in a densely populated area with high traffic
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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
    76 Main Ave Passaic, NJ 07055
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