Mixed-Use Building with Garage
84 BELL ST Orange, NJ 07050
84 BELL ST, Orange, NJ, 07050
$350,000
For Sale
$350,000
One-story mixed-use building with garage doors, currently rented.
Property Size1,725 SF
Lot Size0.06 Acres
Price / SF$202.90
Days on Market638
Property Features for 84 BELL ST
General Information
- Standard status
- Active
- Size
- 1,725 SF
- Lot size
- 0.06 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing Agency
GLOBAL REALTY RESOURCE
(888) 582-2232
Listed by
PAUL ANYANWU
Source
Corcoran
Added: Oct 21, 2024 Checked: Jul 19 at 3:57 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLOBAL REALTY RESOURCE
Investment Insights
Based on property information with market context.
This one-story mixed-use building is suitable for warehouse, retail, or storage purposes. It features two garage overhead doors and central air conditioning. The property is currently rented on a month-to-month basis and is zoned commercial. The building has a size of 1725 square feet.
Key Highlights
- Mixed‑Use: Suitable for warehouse, retail, or storage.
- Two Garage Overhead Doors: Facilitates easy loading and unloading.
- Central Air Conditioning and Heating: Provides climate control.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.3k | $21.60 |
| − Vacancy | −$2.1k | −$1.21 |
| EGI | $35.2k | $20.39 |
| − OpEx | −$10.6k | −$6.12 |
| NOI | $24.6k | $14.27 |
1,725 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$351.7K
$307.8K – $410.4K
NOI $24,621 @ 7.0% cap · market cap 7.03%
Second Best
Warehouse
$342.9K
$300.0K – $400.0K
NOI $24,002 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$450.4K
$394.1K – $525.5K
NOI $31,530 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Prestige Customs
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - One-story mixed-use building with garage doors, currently rented.
Where is this mixed-use property located?
The property is located at 84 BELL ST Orange, NJ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Mixed‑Use: Suitable for warehouse, retail, or storage.; Two Garage Overhead Doors: Facilitates easy loading and unloading.; Central Air Conditioning and Heating: Provides climate control.
