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    412 Jimmie Leeds Rd Galloway, NJ 08205

    For Sale
    $79,000

    Prime 1-acre retail opportunity in NJ.

    Property size:
    10,623 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 412 E Jimmie Leeds Road in Galloway, New Jersey (zip code 08205), presents a unique investment opportunity. The property boasts a substantial 10,623 square feet of space, situated on a one-acre lot, making it ideal for a variety of retail ventures. The site is conveniently equipped with 45 parking spaces, ensuring ample accommodation for customers and employees. All utilities are readily available, simplifying the setup and operation of any business. Importantly, the property has already received prior approvals for the construction of a 10,623 square foot office building, streamlining the development process for prospective buyers. This presents a significant advantage, reducing potential delays and costs associated with obtaining necessary permits and approvals. The asking price for this prime retail space is $79,000, representing a compelling value proposition in the thriving Galloway market. The property's strategic location in Atlantic County, New Jersey, offers excellent accessibility and visibility, making it an attractive prospect for businesses seeking a strong foothold in a dynamic commercial area. This is a rare opportunity to acquire a well-positioned, fully-serviced property with a proven track record of development approval.

    Property Features for 412 Jimmie Leeds Rd

    General Information

    Property type
    Retail properties
    Square Feet
    10,623 SF
    Lot Size
    43,560 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Galloway
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.492452
    Latitude
    39.461653

    Nearby Comparable

    • $79,900
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      Galloway Commercial Land - $79,900

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    • $99,000

      Commercial Land with Utilities

      One-acre commercial property with utilities in Galloway Township, NJ.
      412 E Jimmie Leeds Rd, Galloway Township, NJ 08205
      View Details

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    FAQs

    What type of property is this?
    Retail property - Prime 1-acre retail opportunity in NJ.
    Where is this retail property located?
    The property is located at 412 Jimmie Leeds Rd Galloway, NJ.
    What is the asking price?
    The asking price for this property is $79,000.
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    412 Jimmie Leeds Rd Galloway, NJ 08205
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    Galloway, NJ 08205
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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
    412 Jimmie Leeds Rd Galloway, NJ 08205
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