311-313 Magnolia Ave Elizabethport, NJ 07206
This exceptional commercial property, located at 311-313 Magnolia Avenue in Elizabethport, New Jersey, presents a unique investment opportunity. Priced at $899,000, the property offers significant potential for redevelopment or repurposing. While the exact square footage is currently unavailable, the lot size is listed as zero acres, suggesting a compact but potentially highly valuable urban site. The property's "Other" designation in property type indicates its versatility and adaptability to a range of commercial uses. Given its location in Elizabethport, NJ, the property benefits from access to established transportation networks and a potentially strong local market. This makes it an attractive prospect for entrepreneurs and investors seeking a foothold in a dynamic urban area. Further due diligence is recommended to fully assess the property's potential and to determine the optimal use for this strategically located commercial parcel. The absence of a specified square footage necessitates a site visit to accurately determine the buildable area and assess the property's overall dimensions. Interested parties are encouraged to conduct thorough research and inspections to fully understand the property's characteristics and potential before making an offer. This is a rare chance to acquire a commercial property in a prime location with considerable upside potential.
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
Similar Nearby for Lease
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.