127 County Rd Allentown, NJ 08501
This exceptional mixed-use property, located at 127 County Rd 539 in Allentown, NJ 08501, presents a unique investment opportunity. Situated on six acres of land, this property features a 1,850 square foot, two-story building with a blend of creative and traditional office space. The main structure, a colonial house, underwent a complete renovation in 2022, boasting a new kitchen, gas furnace, hot water heater, and a whole-house generator. The property also includes a well and septic system. Exterior features include an open barn, a large screen room, a shed, and electric service. There's ample space for expansion, including the possibility of adding a pool. Enjoy outdoor living with a patio and deck. The interior offers three bedrooms and three bathrooms. The property's zoning permits mixed use, making it ideal for a variety of commercial ventures. Its location offers easy access to shopping, medical facilities, entertainment, parks, and recreational activities. The property's proximity to major transportation routes provides convenient access to New York City and the Jersey Shore. The property was built in 1988 and has six parking spaces. A seller leaseback option is available. The property is currently for sale for $750,000 and is available for occupancy on November 1, 2024. The property is farm assessable, potentially lowering property taxes. This versatile property offers numerous income-generating possibilities, including leasing the house, land, or barn. It's a turnkey property in move-in condition, making it an attractive investment for various business types.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.