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    2237 Olden Ave Hamilton Township, NJ 08610

    For Sale
    $1,450,000

    High-Return NJ Gas Station, Shell Branded

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This Hamilton Township, NJ, Shell-branded gas station presents a compelling investment opportunity. The property includes the real estate and the established business, offering a flexible approach to future operations. Boasting eight pumps and three service bays equipped with two rotary lifts and an alignment lift, this station maximizes revenue streams. The 2008 renovation and 2024 pump refurbishment ensure modern, reliable equipment. Three 12,000-gallon fuel tanks support operations, complemented by a reception/waiting area, service bays, office, storage, and bathroom. A 10-year Shell branding agreement provides long-term brand recognition and stability. The property sits on a corner lot in Mercer County, at 2237 S Olden Ave, 08610, offering excellent visibility and accessibility. The asking price is $1,450,000, with a strong NOI of $177,424 and a compelling 12.24% cap rate. Detailed financial information, including profit and loss statements, is available upon request after signing a Non-Disclosure Agreement. This turnkey operation offers a significant return on investment and the potential for continued growth.

    Property Features for 2237 Olden Ave

    General Information

    Property type
    Automotive properties

    Building Details

    Year Renovated
    2008
    Buildings
    1
    Stories
    1

    HighLights

    • Shell‑branded gas station with attached service bays; asking price $1,450,000, 12.24% cap rate, $177,424 NOI.
    • Includes real estate and business.
    • Features three service bays equipped with two rotary lifts and one alignment lift, reception area, office, storage, and bathroom.
    • Three 12,000‑gallon fuel tanks.
    • Ten‑year Shell branding agreement; pumps rebuilt in 2024.
    • Located at 2237 S Olden Ave, Hamilton Township, NJ 08610.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.696847735775
    Latitude
    40.204060452479

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    FAQs

    What type of property is this?
    Automotive property - High-Return NJ Gas Station, Shell Branded
    Where is this automotive property located?
    The property is located at 2237 Olden Ave Hamilton Township, NJ.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Shell-branded gas station with attached service bays; asking price $1,450,000, 12.24% cap rate, $177,424 NOI.; Includes real estate and business.; Features three service bays equipped with two rotary lifts and one alignment lift, reception area, office, storage, and bathroom.
    Request Owner's contact information
    2237 Olden Ave Hamilton Township, NJ 08610
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    Hamilton Township, NJ 08610
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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
    2237 Olden Ave Hamilton Township, NJ 08610
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