73 L 24.01 Rte Berlin, NJ 08009
This exceptional 3.4-acre commercial land parcel presents a compelling investment opportunity in Berlin, New Jersey. Strategically located on Route 73, this property boasts significant visibility with approximately 380 feet of frontage. The site is conveniently situated south on Route 73, just before Cooper Folly Road, ensuring easy access and high traffic exposure. Public sewer and water are readily available, simplifying development plans. The property is zoned for commercial use under the PTC designation (further zoning details are available in supplemental documents). This makes it ideal for a variety of commercial ventures. Adding to its appeal, a 302-lot subdivision is currently under construction adjacent to the property, suggesting future growth and increased demand in the immediate vicinity. The asking price for this prime commercial land is $295,000. This represents a significant opportunity for investors seeking a well-positioned, readily developable site in a thriving area. All pertinent zoning information is included in the provided documentation.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.