Property profile

15 West Jersey Ave Pleasantville, NJ 08232

OFF-MARKET
Retail properties & Spaces
6,500 SF Built 2000
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,500 square foot freestanding bank building located at 15 W West Jersey Avenue in Pleasantville, New Jersey. The property, built in 2000, is offered at $1,999,000 and includes the fee simple interest (land and building). The single-tenant building boasts a well-maintained structure with significant capital improvements completed within the last 3-5 years. A key feature is the inclusion of a two-lane drive-thru, enhancing operational efficiency. This offering presents a compelling sale-leaseback opportunity, featuring a new 10-year lease with multiple options. The property benefits from its strategic location within Atlantic County's Urban Enterprise Zone. The current tenant, First Harvest Credit Union, is a prominent financial institution, ranking as the fifth largest credit union in New Jersey and the 747th largest nationally. Established in 1940, it currently employs 128 people and serves over 42,005 members across eight locations. The property includes ample parking with 40 spaces. Seller financing is available for qualified buyers. Detailed financial information is available upon execution of a non-disclosure agreement.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2000
Total area 6,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15 West Jersey Ave Pleasantville, NJ 08232
Pleasantville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15 West Jersey Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message