Add Listing
    For Sale
    • 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

    Tuckahoe & Coles Ml Rd Franklin, NJ 08322

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    0.85-acre lot, approved site plan

    Property Features for 0 Tuckahoe & Coles Ml Rd

    General Information

    Property type
    Land
    Lot Size
    37,026 SF

    We can help!

    Listing Contact
    Tom Duffy
    Tom Duffy

    Listing Agency: Keller Williams Realty - Washington Township Listing Agent: Tom Duffy

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

    Learn more

    Overview

    Prime 0.85-acre commercial land parcel in Franklinville, New Jersey, is available for $175,000. This property boasts a highly desirable location at a busy four-way intersection with a traffic light, ensuring excellent visibility and accessibility for any commercial venture. The land is zoned Neighborhood Commercial and comes with a Township-approved site plan for a single-story retail building, significantly streamlining the development process. While the site plan is provided, it's crucial to understand that no other permits or approvals have been obtained. All costs associated with permits, inspections, and development are the sole responsibility of the buyer. The property is being sold "as-is," emphasizing the importance of thorough due diligence before submitting an offer. Buyers should independently verify all information with the township. Offers should be submitted as a single PDF proposal to purchase, including pre-approval or proof of funds. If the purchase is contingent on another sale, include the associated Agreement of Sale and transaction details. Offers submitted via DocuSign, Dotloop, or similar platforms will not be considered. This presents a unique opportunity for investors and developers seeking a ready-to-develop commercial site in a strategic location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.001331922509
    Latitude
    39.619698143355

    Nearby Similar for Sale

    • $525,000
      3,500 SF

      Highway Commercial Zone Investment Opportunity

      3500 SF building in a highly visible commercial zone.
      165 State Rt 23, Franklin, NJ 07416
      View Details
    • $349,900
      1,240 SF

      Restaurant/Coffee Shop with Outdoor Space

      Successful coffee house/restaurant with expansion potential in Franklin, NJ.
      432 Old Main St, Franklin, NJ 08802
      View Details
    • $439,900

      Ranch Home in Franklin, NJ

      Single-family Ranch with potential in a desirable Franklin neighborhood.
      56 Marvin Ave, Franklin, NJ 08873
      View Details
    • $379,900
      3,000 SF

      Mixed-Use Property in Hardyston Twp.

      Residential/commercial property with apartment and separate medical office entrance.
      3200 State Rt 94, Franklin, NJ 07416
      View Details
    • $975,000

      Renovated Income-Generating Four-Unit Building

      Fully renovated four-unit building in a thriving commercial district.
      97 Newport Ave East, Franklin, NJ 08873
      View Details
    • Contact for pricing
      0.76 Acres

      Franklin, NJ Commercial Garage Space

      Prime Franklin Location, High Traffic Area
      384 Rutherford Ave, Franklin, NJ 07416
      View Details
    • Contact for pricing
      48,000 SF

      Franklin, NJ Commercial Office Space

      Modern Office Building, 48,000 sq ft
      12 Cork Hill Rd, Franklin, NJ 07416
      View Details
    • $950,000
      4,500 SF

      Established Garage on Busy Highway

      Well-established garage with property, business, and equipment for sale.
      2041 State Rte 27 Hwy, Franklin, NJ 08873
      View Details
    • $150,000
      1,223 SF

      Franklin Commercial Office Space

      Prime Location, Spacious Office, Ready to Move In
      21 Clyde Rd, Franklin, NJ 08873
      View Details
    • $950,000
      0.44 Acres

      Franklin Hwy 27 Garage Business

      Established Garage, Turnkey Operation, High Traffic
      2041 State Rte 27 Hwy, Franklin, NJ
      View Details
    • $349,900

      Franklin Medical Office Building

      Prime Medical Office Space, Excellent Location
      27 Hwy, Franklin, NJ 08873
      View Details
    • Contact for pricing

      Franklin Commercial Building - Great Location

      Spacious building, ideal for office or daycare.
      Cedar Grv Ln, Franklin, NJ 08873
      View Details

    FAQs

    What type of property is this?
    Land - 0.85-acre lot, approved site plan
    Where is this land located?
    The property is located at Tuckahoe & Coles Ml Rd Franklin, NJ.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: 0.85-acre commercial land parcel available for $175,000 in Franklinville, NJ.; High-visibility location at a four-way intersection with traffic signal.; Neighborhood Commercial zoning with approved site plan for a single-story retail building.
    (856) 218-3400 Call to check price and availability
    Request Owner's contact information
    Tuckahoe & Coles Ml Rd Franklin, NJ 08322
    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.
    Tuckahoe & Coles Ml Rd
    Franklin, NJ 08322
    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
    Tuckahoe & Coles Ml Rd Franklin, NJ 08322
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tom Duffy
    Tom Duffy
    Real Estate License ID: 8932672
    (856) 218-3400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!