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Property profile & analytics
OFF-MARKET
Commercial real estate

348 Broad Ave Leonia, NJ 07605

Property ID
Property summary
AI-generated overview

This unique property located at 348 Broad Avenue in Leonia, New Jersey presents a compelling investment opportunity. The property is classified as "Other," indicating a potential for diverse uses depending on local zoning regulations. The asking price is $39,000, representing a potentially attractive entry point into the Leonia market. While the square footage is not currently specified, the property sits on a lot with zero acres, suggesting a compact footprint. This could be ideal for a smaller-scale commercial venture, a redevelopment project, or a unique residential conversion (subject to local zoning approvals). The address, 348 Broad Avenue, places the property within Leonia, a desirable town known for its residential character and convenient access to transportation routes. Further due diligence is recommended to ascertain the precise zoning regulations and potential uses for this property. Interested parties are encouraged to conduct their own independent investigation into the property's suitability for their intended purpose. This includes, but is not limited to, reviewing local zoning ordinances, conducting environmental assessments, and verifying all property details with the appropriate municipal authorities. The absence of square footage information underscores the need for a thorough on-site inspection to fully assess the property's potential. This property offers a blank canvas for a creative investor seeking a unique opportunity in a desirable location.

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
Current use
Occupant on record · Public records
  • Palisades Optometrics Contact Lenses Supplier Doctor
  • Ronald F. Luxenburg, OD Physician
  • Peter Yoon Physician
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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