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    OFF-MARKET
    Banks

    1103 Old York Rd, Ringoes, NJ 08551-1043

    2,150 SF 0.25 ac lot Built 1890
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US59-3057607
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1890
    Construction FRAME
    Total area 2,150 SF
    Lot 0.25 ac (10,890 SF)
    Zoning code LB
    APN 08 00011-0000-00009
    UPID US59-3057607
    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
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    Blend (final) Blend
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    Owner & transaction history
    Gaw Holdings LLC · 7 yrs held
    Gaw Holdings LLC
    since 2019
    6 recorded transactions
    2019
    $280,000
    2011
    $840,000
    2005
    $450,000
    2005
    $310,400
    1969
    1969
    Zoning & alternative use
    LB · Ringoes, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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