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    OFF-MARKET
    Commercial real estate

    178 Rte, Sussex, NJ 07461

    1.43 ac lot Built 1857
    Property ID
    Property summary
    AI-generated overview

    This exceptional property located at 178 Route 628, Sussex, NJ, presents a fantastic opportunity for those seeking versatile storage or workshop space. The property encompasses a generous 1.43 acres of land, providing ample room for maneuvering and potential future expansion. The main structure is a single-bay garage, ideal for a variety of uses. The garage boasts impressive dimensions, measuring 25 feet in length and 10 feet in width, with an 8-foot high clearance. These dimensions allow for comfortable storage of vehicles, equipment, or materials. The high ceilings further enhance the usability of the space, providing ample headroom for taller items. The property's location in Sussex, NJ offers convenient access to local amenities and transportation routes. The 1.43-acre lot provides significant potential for future development or expansion, depending on zoning regulations and local ordinances. This single-bay garage presents a unique opportunity for both personal and commercial use, offering a practical and well-situated space at an attractive price point of $195,000. The property is being sold as-is. Serious inquiries only. Buyers are responsible for conducting their own due diligence regarding zoning and permitted uses.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1857
    Lot 1.43 ac (62,291 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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