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Property profile & analytics
OFF-MARKET
Land

73 L 24.01 Rte Berlin, NJ 08009

3.45 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 3.45 ac (150,282 SF)
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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