100 Us-206 Frankford, NJ 07822
This vacant, 8,240 square foot, two-story Class B retail building, formerly a bank, is situated on an 11.184-acre lot in Frankford, New Jersey. The property boasts 28 parking spaces, a convenient two-lane drive-thru, and excellent visibility on Route 206, experiencing over 14,000 vehicles daily. Built in 1969, the building is zoned FCNS (Frankford Center Neighborhood Service), allowing for diverse retail and mixed-use development options. Its location offers significant advantages, including proximity to Skylands Stadium. The property is offered fee simple, presenting a unique opportunity for owner-occupiers or investors seeking a high-traffic location in a thriving community with a strong demographic profile. Augusta boasts an average annual household income of $153,000, with 46.9% of residents holding a Bachelor's degree or higher and 74.9% employed in white-collar professions. This combination of location, zoning, and strong demographics makes this property an exceptional investment prospect. The property is currently vacant, providing a blank canvas for a new business or redevelopment project. The ample parking and drive-thru are highly desirable features for a variety of potential uses.
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.