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    416 Delilah Rd Pleasantville, NJ 08232

    For Sale
    $1,795,000

    High-Income Retail Investment, NJ

    Property size:
    9,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail property, located at 416 W Delilah Rd in Pleasantville, New Jersey, presents a lucrative investment opportunity. Built in 2019, the 9,200 square foot building sits on a 1.396-acre lot and is zoned UEZC – Urban Enterprise Zone. Currently leased until April 28th, 2024, with five-year lease options, the property generates a substantial annual income of $129,400. The tenant is responsible for property taxes, currently assessed at $59,335 for 2023. The owner's responsibilities include maintaining the roof, awning, and gutters. The asking price is $1,795,000, representing a compelling 7% capitalization rate. This property offers a strong return on investment with a long-term lease in place and a prime location within the vibrant Pleasantville commercial district. The price per square foot is $216.85, reflecting the value and potential of this exceptional retail space. This is a rare opportunity to acquire a high-performing, recently constructed retail building with a proven track record of income generation. The property's strategic location and strong tenant occupancy make it an ideal addition to any investment portfolio. Don't miss this chance to secure a profitable and stable investment in a thriving New Jersey market.

    Property Features for 416 Delilah Rd

    General Information

    Property type
    Retail properties
    Square Feet
    9,200 SF
    Lot Size
    60,810 SF

    Building Details

    Year Built
    2019

    HighLights

    • $1,795,000 asking price for this 9,200 square foot retail property.
    • Located at 416 W Delilah Rd, Pleasantville, NJ 08232, on a 1.396‑acre lot.
    • Built in 2019, with a price per square foot of $216.85.
    • Currently leased, generating $129,400 annual income; lease expires 4/28 with five‑year options.
    • Tenant pays taxes; owner responsible for roof, awning, and gutters; 7% cap rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasantville
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5180074
    Latitude
    39.4071615

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    FAQs

    What type of property is this?
    Retail property - High-Income Retail Investment, NJ
    Where is this retail property located?
    The property is located at 416 Delilah Rd Pleasantville, NJ.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: $1,795,000 asking price for this 9,200 square foot retail property.; Located at 416 W Delilah Rd, Pleasantville, NJ 08232, on a 1.396-acre lot.; Built in 2019, with a price per square foot of $216.85.
    Request Owner's contact information
    416 Delilah Rd 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
    416 Delilah Rd Pleasantville, NJ 08232
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