NNN Zoned Industrial
For Sale
$434,999
261 Saint Mihiel Dr, Riverside, NJ 08075
Triple net rental option under gross modified structure; property is zoned I-1/2 for commercial and industrial applications.
Days on Market898
Property Features for 261 Saint Mihiel Dr
General Information
Standard status
Active
Property subtype
Commercial
Zoning
I-2
Building Details
Year Built
1960
Listing Agency:
HERRON REAL ESTATE
(856) 235-0111
Listed By:
JOSHUA GARDNER GRAHAM · License #2562017
Source:
Corcoran
Added: Feb 14, 2024
Changed: Jul 29
Last Checked: Jul 31 at 6:45AM
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 HERRON REAL ESTATE
Investment Insights
Based on property information with market context.
This For Sale NNN property offers a triple net rental option under a gross modified structure, providing immediate income potential per the current terms described. The property is positioned to support multiple commercial and industrial applications based on its I-1/2 zoning classification.
The asset is located at 261 Saint Mihiel Dr in Riverside, NJ 08075. The remarks also indicate that the township may make additional land available, potentially enabling easement access to American Legion Drive, subject to township action. The combination of I-1/2 zoning and the availability of an easement-access possibility may support redevelopment, owner-use, or portfolio expansion as described.
The asset is located at 261 Saint Mihiel Dr in Riverside, NJ 08075. The remarks also indicate that the township may make additional land available, potentially enabling easement access to American Legion Drive, subject to township action. The combination of I-1/2 zoning and the availability of an easement-access possibility may support redevelopment, owner-use, or portfolio expansion as described.
Key Highlights
- Year built 1960
- Zoned I‑1/2 for commercial and industrial applications
- Triple net lease option offered at $2,100/month (Gross Modified)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
Business Placement
Demographics for 08075, NJ
30,327
Population
12,092
Households
2.5
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
9.9 sq mi
ZIP Area
3,063
Density / Sq Mi
$94,576
Median Household Income
$47,979
Median Earnings
$1,427
Median Rent
$288,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Triple net rental option under gross modified structure; property is zoned I-1/2 for commercial and industrial applications.
Where is this nnn property located?
The property is located at 261 Saint Mihiel Dr Riverside, NJ.
What is the asking price?
The asking price for this property is $434,999.
What are key features of this property?
This property features: Year built 1960; Zoned I‑1/2 for commercial and industrial applications; Triple net lease option offered at $2,100/month (Gross Modified)
