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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    45 New York Rd, Galloway, NJ 08205-3820

    25.88 ac lot Built 1989
    Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US59-3166365
    Property summary
    AI-generated overview

    Smithville Square, located at 45 S New York Rd in Galloway, NJ (08205), presents a prime retail opportunity. This 5,960 square foot strip center is currently fully vacant, offering a unique chance to establish or expand your business. The property boasts ample parking with 650 spaces, ensuring convenient access for customers. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 1,265 square feet to a maximum contiguous space of 1,887 square feet. Eight individual spaces are available for lease, providing versatility for various retail concepts. The property is zoned CC-2 within Atlantic County, offering potential for a wide range of businesses. Its strategic location in Galloway, New Jersey, provides excellent visibility and accessibility. This is an exceptional opportunity to secure a prominent retail presence in a thriving community. The entire 5,960 square feet is available for lease, allowing for a single large tenant or multiple smaller businesses. The property's substantial parking capacity ensures a positive customer experience. Interested parties should inquire about lease terms and conditions.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1989
    Construction CONCRETE BLOCKS
    Lot 25.88 ac (1,127,333 SF)
    Zoning code CC-2
    APN 11 01173- 01-00050
    UPID US59-3166365
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Sunrise Laundromat (Bike/Boat/Book/etc) Store
    • Mr Cuts Barber Shop
    • Nurture Pet Smithville-Galloway (Bike/Boat/Book/etc) Store Pet Store & Service
    • Ivy Rehab Physical Therapy Medical Clinic
    • Smithville Square Shopping Center & Mall
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Vvp3 LLC · 10 yrs held
    Vvp3 LLC
    since 2016
    7 recorded transactions
    2017
    2016
    $4.1M
    2013
    $3.0M
    2012
    2004
    $6.4M
    1969
    1969
    Zoning & alternative use
    CC-2 · Galloway, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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