1103 Old York Rd, Ringoes, NJ 08551-1043
This exceptional mixed-use property, situated at 1103 Old York Road in the charming town of Ringoes, New Jersey, presents a unique investment opportunity. Boasting 2,150 square feet of space on a 0.25-acre lot, this property offers immense potential for a variety of commercial uses. Currently configured as a mixed-use space, it is readily adaptable for conversion into office spaces or retail establishments, catering to a diverse range of business needs. A significant advantage is the inclusion of a private parking lot, ensuring convenient access for customers and employees. Furthermore, the property features a valuable drive-thru capability, adding considerable appeal and functionality for potential tenants. The property is being sold "as is," with the buyer responsible for all necessary inspections and obtaining a Certificate of Occupancy. This presents a chance to acquire a well-located commercial property at an attractive price point, allowing for creative redevelopment and customization to suit specific business requirements. The motivated sellers are eager to finalize a sale, making this an opportune moment for a discerning investor to secure a valuable asset in a desirable location. The property's prime location in Ringoes offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong foothold in this thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
LB · Ringoes, NJRingoes. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.