Property profile

431 Rte Califon, NJ 07830

OFF-MARKET
Retail properties & Spaces
3.99 ac lot Built 1973
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Property summary

AI-generated overview

This exceptional 4,000 square foot commercial property, situated on a 3.99-acre lot in the heart of Califon, NJ, presents a unique investment opportunity. Previously a bank for many years, this versatile space boasts a highly desirable B-1 zoning, allowing for a wide range of uses including, but not limited to: banks, financial institutions, childcare centers, clubs, essential services, funeral homes, professional offices, administrative offices, and retail services. The property's key features include three drive-thru lanes, ample parking to accommodate customers and staff, a spacious open floor plan ideal for customization, two private offices, a convenient kitchenette, two powder rooms, and substantial closet/storage space. Its strategic location within a shopping center alongside a grocery store and pizzeria ensures high visibility and foot traffic. The property's history as a long-standing bank speaks to its structural integrity and established presence within the community. Detailed zoning information is available upon request. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a thriving location with significant potential for various business ventures. The expansive lot size offers further development possibilities. Don't miss this chance to secure a prime commercial property in Califon.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1973
Lot 3.99 ac (173,804 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

431 Rte Califon, NJ 07830
Califon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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