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Property profile & analytics
OFF-MARKET Estimated value $955,000
Commercial real estate

100 Parker Rd Chester, NJ 07930-3202

1,263 SF 2 ac lot Built 1880
Entity Owned 4-yr Hold Free & Clear
Property ID
US59-1313827
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 100 Parker Road, presents a rare opportunity for investors and businesses alike. The property encompasses a substantial 3,750 square feet of land, zoned R-2, and features a two-story building with a single tenant occupancy. The building offers ample space for various commercial uses, including light industrial applications. A key advantage is the inclusion of utilities within the lease, minimizing operational costs for the tenant. The property also boasts four parking spaces, providing convenient access for employees and clients. The lot size is 2 square feet, though this may refer to a separate, smaller parcel associated with the main property and requires further clarification. The property's strategic location and versatile zoning make it ideal for a range of businesses seeking a reliable and functional space. The availability of space suitable for commercial vehicles further enhances its appeal to businesses requiring such accommodations. The single-tenant setup offers simplicity in management and potential for long-term lease stability. This property represents a strong investment opportunity in a desirable location, offering a blend of functionality and convenience. Interested parties are encouraged to conduct their own due diligence and verify all information provided. The Assessor's Parcel Number (APN) is 0700017000000006. Further details regarding the property's precise dimensions and specifications are available upon request.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1880
Construction FRAME
Total area 1,263 SF
Lot 2 ac (87,120 SF)
Zoning code R-2
APN 07 00017-0000-00006
UPID US59-1313827
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$955k
Owner & transaction history
40 Russo Place LLC · 4 yrs held
40 Russo Place LLC
since 2021
Last sale
$1.2M
4 recorded transactions
2022
Price N/A
2021
$1.2M
2018
Price N/A
2015
Price N/A
Zoning & alternative use
R-2 · Chester, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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