Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    203 Davis Ave Kearny, NJ 07032

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,500 /Mo

    Fully renovated cafe/luncheonette/convenience store in high-traffic Kearny location.

    Property Features for 203 Davis Ave

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Keith Duffy
    Source: Exprealty

    Listing Agency: Keller Williams Park Views Listing Agent: Keith Duffy

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

    Learn more

    Property Insight Report

    Overview

    Turn-Key Cafe/Luncheonette Opportunity

    This turn-key café, luncheonette, and convenience store opportunity is located in a high-visibility area of Kearny, directly across from Kearny High School and a major bus stop. The fully renovated space features brand-new equipment and is designed for efficiency. The interior is clean and modern. The location benefits from constant traffic from students, commuters, and neighborhood residents. The space is suitable for breakfast, lunch, coffee, grab-and-go service, or a community gathering place. This location is suitable for launching a first concept or expanding an existing brand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Natas & Bowls 2 Cafe LibertyX Bitcoin ATM Atm Varsity Liquors & Deli Liquor Store

    Suggested Use

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

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

    Similar Places Nearby

    Barbara's Café, Yo-Delight, Protein Zone, Su-Zee's Corner, Natas & Bowls 2

    Location Insight

    • Map
    • Local Demand
    City
    Kearny
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1462245
    Latitude
    40.7601439

    Nearby Similar for Lease

    • $18 SF/Yr
      5,663 SF

      Unique Kearny Commercial Space Available

      Expansive 4140 sq ft space with historic character.
      155 Midland Ave, Kearny, NJ 07032
      View Details
    • $2,500 /Mo

      Englewood Health Adjacent Office Space

      1800 SF office space ideal for medical or professional practice.
      586 Kearny Ave, Kearny, NJ 07032
      View Details
    • $2,700 /Mo

      Renovated 2-Bedroom Apartment For Rent

      Spacious, renovated 2-bedroom apartment with modern amenities and convenient location.
      31 Tappan St, Kearny, NJ 07032
      View Details
    • $3,000 /Mo

      Spacious 3-Bedroom Apartment For Rent

      Spacious 3-bedroom apartment with private garage parking in Kearny.
      250 Highland Ave, Kearny, NJ 07032
      View Details
    • $30 SF/Yr
      16,500 SF

      Kearny Industrial Space Available

      NJ Manufacturing/Flex Space, 16 Units
      35 Obrien St, Kearny, NJ 07032
      View Details
    • $17 SF/Yr
      20,000 SF

      Prime Hudson County Warehouse

      20,000 SF Industrial Space Available
      21 Sandford Ave, Kearny, NJ 07032
      View Details
    • $2,500 /Mo

      Kearny Professional Office Space

      Professional office space in desirable Kearny location for lease.
      806 Kearny Ave, Kearny, NJ 07032
      View Details
    • $2,100 /Mo

      Updated Apartment Near NYC Transport

      Updated 2-bedroom apartment in Kearny, near NYC transportation.
      98 Bergen Ave, Kearny, NJ 07032
      View Details
    • $2,300 /Mo

      Kearny Avenue Apartment For Rent

      Classic craftsman-style 2-bedroom apartment with hardwood floors and updated features.
      192 Kearny Ave, Kearny, NJ 07032
      View Details
    • Contact for pricing
      27,405 SF

      Kearny Retail Space: Prime Location

      Large Retail Space Available in Kearny, NJ
      151 Kearny Ave, Kearny, NJ 07032
      View Details
    • Contact for pricing
      10,800 SF

      Kearny Industrial Facility For Rent

      Industrial facility with cross-dock, truck service bay, and office space.
      97 3Rd St, Kearny, NJ 07032
      View Details
    • $20 SF/Yr
      200,000 SF

      Kearny Flex/Industrial Space Available

      Four-story, 200,000 SF building in Urban Enterprise Zone.
      78 John Miller Way, Kearny, NJ 07032
      View Details

    FAQs

    What type of property is this?
    Coffee shop - Fully renovated cafe/luncheonette/convenience store in high-traffic Kearny location.
    Where is this coffee shop located?
    The property is located at 203 Davis Ave Kearny, NJ.
    What are key features of this property?
    This property features: - Turn-key operation: Fully renovated with brand-new equipment, ready to start serving immediately.; - High-visibility location: Situated in a high-traffic corridor in Kearny.; - Constant, built-in traffic: Located directly across from Kearny High School and a major bus stop.
    (561) 339-8514
    Request Owner's contact information
    203 Davis Ave Kearny, NJ 07032
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    203 Davis Ave
    Kearny, NJ 07032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    203 Davis Ave Kearny, NJ 07032
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Keith Duffy
    (561) 339-8514
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.