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Property profile & analytics
OFF-MARKET
Commercial real estate

311-313 Magnolia Ave Elizabethport, NJ 07206

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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