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    69-71 Nj-156 Trenton, NJ 08620

    Sponsored
    For Sale
    $899,000

    Vacant Retail Building, High Visibility

    Property size:
    4,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a vacant 4,700 square foot free-standing retail building situated on a 1.4-acre lot in Trenton, New Jersey. Located at 69-71 NJ-156, the property boasts high visibility and accessibility, making it an ideal location for a variety of retail businesses. The building is currently vacant, offering a blank canvas for a new tenant or owner-occupancy. The property is zoned R10 and features a multi-tenancy structure. The asking price is $899,000, translating to $191.28 per square foot. The property's strategic location and ample space present significant potential for growth and return on investment. The parcel's size and zoning offer flexibility for future development or expansion. This is a rare chance to acquire a prime retail property in a desirable location with significant upside potential. The property's APN is 03-02662-00007. This is a compelling investment opportunity for those seeking a high-visibility retail space in a growing market. The property's vacant status allows for immediate customization and tenant selection, maximizing potential rental income. The substantial lot size provides additional development possibilities. This property offers a unique blend of location, size, and potential, making it an attractive addition to any real estate portfolio.

    Property Features for 69-71 Nj-156

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,700 SF
    Lot Size
    60,984 SF

    HighLights

    • High‑visibility, accessible location maximizes investment potential.
    • Mixed‑use property offers residential and commercial diversification.
    • Established restaurant tenant ensures strong, proven income stream.
    • Secure, long‑term tenant in a combined residential/commercial property presents a unique investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Map

    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.67412899
    Latitude
    40.17696182

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    FAQs

    What type of property is this?
    Individual retail property - Vacant Retail Building, High Visibility
    Where is this individual retail property located?
    The property is located at 69-71 Nj-156 Trenton, NJ.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: High-visibility, accessible location maximizes investment potential.; Mixed-use property offers residential and commercial diversification.; Established restaurant tenant ensures strong, proven income stream.
    Request Owner's contact information
    69-71 Nj-156 Trenton, NJ 08620
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    Trenton, NJ 08620
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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
    69-71 Nj-156 Trenton, NJ 08620
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