927 Kelly St Metuchen, NJ 08840
- Commercial real estate
- 24,000 SF
- 2.37 lot acres
Current Use by Public Records
- Garden Farm Market / Grocery Store / Seafood Market
Property Details for 927 Kelly St
- Year built
- 1957
- Lot size
- 2.37 lot acres
- Property size
- 24,000 SF
- Zone code
- B-3
- Property type
- Commercial real estate
- APN
- 25 00350- 04-00070
- APU
- 25003500400070
Description
This exceptional 3.02-acre commercial land parcel, located at 927 W Kelly St in Metuchen, New Jersey, presents a unique opportunity for businesses seeking a prominent location in Middlesex County. Zoned Commercial B-3, this single-tenant property offers significant development potential. The expansive lot size provides ample space for a variety of commercial ventures, allowing for substantial building construction or outdoor operational needs. Its strategic location in Metuchen, with easy access to major transportation routes, ensures high visibility and convenient accessibility for employees and customers alike. The property's address is 927 W Kelly St, Metuchen, NJ 08840. This is a rare opportunity to acquire a large, well-situated commercial land parcel in a thriving New Jersey community. The property is available for lease and offers a blank canvas for a discerning business to establish a significant presence. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The total building square footage is currently listed as 1 square foot, indicating the land is undeveloped and ready for construction. This presents a unique opportunity to build to suit your specific business needs. The property's location offers excellent visibility and accessibility, making it an ideal location for a variety of commercial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $655,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $820,000
- 6.5%
- $800,000
- 7%
- $855,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $815,000
- Geo Method
- $780,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $695,000
- Retail
- $790,000
- Mixed-Use
- $770,000
- Hospitality
- $770,000
- Educational
- $875,000
- Residential Income
- $885,000
- Energy
- $785,000
- Income-Based Land
- $705,000
- Food Service
- $800,000
Location Insight
- Map
- Local Demand
- City
- Metuchen
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3269
- Latitude
- 40.5488
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
