Property profile

116 Virginia Ave Penns Grove, NJ 08069

OFF-MARKET
Individual retail properties
Property ID
US59-3072778
4,292 SF 0.2 ac lot Built 1925
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Individual retail properties
Use group LIQUOR STORE
Year built 1925
Total area 4,292 SF
Lot 0.2 ac (8,764 SF)
Zoning code LC
APN 02 00046-0000-00002
UPID US59-3072778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Atm

Location

116 Virginia Ave Penns Grove, NJ 08069-1458
Penns Grove metro Census 20400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2009
6 recorded transactions
2009
$400,000
2004
$225,000
1995
$100,000
1994
$100,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LC · Penns Grove, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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