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    201 Decatur Ave Pleasantville, NJ 08232

    For Sale
    $5,500,000

    52,000 SF Industrial/Office Complex

    Property size:
    52,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 52,000-square-foot Class A industrial and office property, located at 201 W Decatur Ave, Pleasantville, NJ 08232, is offered for sale at $5,500,000 ($105.77/SF). The multi-tenant building, constructed in 1966 and renovated in 2009, sits on a 3.25-acre lot and features a versatile layout suitable for various uses including creative office, distribution, executive office, flex space, manufacturing, medical office, R&D, traditional office, and warehouse operations. The property boasts a 28-foot ceiling height, four loading docks with four dock-high doors, and ample parking for 15 vehicles. Currently 100% occupied, this two-story building is zoned G-C and offers convenient access to major transportation routes, including proximity to Atlantic City and the Atlantic City Airport. The property includes a sprinkler system and is heated. Its history includes a short-term Walmart lease (2023) and previous occupancy by Atlantic Coin & Slot Services. The building's features include signage opportunities and its location within an Urban Enterprise Zone (UEZ). This presents a unique investment opportunity in a prime location.

    Property Features for 201 Decatur Ave

    General Information

    Property type
    Life science properties
    Square Feet
    52,000 SF
    Class
    A
    Lot Size
    141,570 SF

    Building Details

    Year Built/Renovated
    1966/2009
    Buildings
    1
    Stories
    2

    HighLights

    • 51,540± SF flex warehouse, divisible for multiple tenants.
    • 20'-28' ceiling heights.
    • Four tailgate doors and three drive‑in doors.
    • Ample parking.
    • Ten‑minute proximity to Atlantic City and the Atlantic City Airport.
    • Convenient highway access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasantville
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5292088
    Latitude
    39.3902782

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    FAQs

    What type of property is this?
    Life science property - 52,000 SF Industrial/Office Complex
    Where is this life science property located?
    The property is located at 201 Decatur Ave Pleasantville, NJ.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: 51,540± SF flex warehouse, divisible for multiple tenants.; 20'-28' ceiling heights.; Four tailgate doors and three drive-in doors.
    Request Owner's contact information
    201 Decatur Ave Pleasantville, NJ 08232
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    Pleasantville, NJ 08232
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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
    201 Decatur Ave Pleasantville, NJ 08232
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