1850 Burnt Mills Rd Bedminster, NJ 07921
- Specialty properties
- 13.00 lot acres
Current Use by Public Records
- Avila Fine Arts Ltd / Art Gallery / Art Dealer
- Mobile Equipment Repair / Store
Property Details for 1850 Burnt Mills Rd
- Lot size
- 13.00 lot acres
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
This exceptional 13-acre property in Bedminster, New Jersey, presents a unique investment opportunity. Located at 1850 Burnt Mills Rd, 07921, this mixed-use land boasts a strategic location near the intersection of I-287 and I-78, offering unparalleled accessibility. Currently zoned R10 Rural Residential, the property includes five existing buildings and generates a net operating income (NOI) of $189,000. The asking price is $3,499,000, making it an attractive owner-user investment. The expansive acreage allows for diverse development possibilities, from agricultural uses to commercial ventures. Its proximity to major highways ensures high visibility and convenient access for both businesses and residents. This private ownership opportunity is ideal for entrepreneurs seeking a versatile location to establish a thriving enterprise or for those looking to capitalize on the property's significant potential. The existing buildings provide immediate income generation, while the ample land offers room for expansion and future development. This is a rare chance to acquire a substantial property in a desirable location with significant upside potential. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bedminster
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.6487
- Latitude
- 40.6449
