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Property profile & analytics
OFF-MARKET Estimated value $515,000
Commercial real estate

1600 High N St Millville, NJ 08332-1922

4,932 SF 0.49 ac lot Built 1972
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US59-0187402
Property summary
AI-generated overview

This exceptional retail space, located at 1600 High N Unit O in Millville, New Jersey, presents a fantastic opportunity for a variety of businesses. Situated just off Route 55, this property benefits from its location on one of Millville's busiest thoroughfares, surrounded by several established anchor stores, ensuring high visibility and foot traffic. The unit itself is ideal for office, retail, or restaurant use, offering considerable flexibility to suit diverse business needs. While the exact square footage is not currently specified, the property features a large, well-lit parking lot with ample, unassigned parking for customers and employees. A key advantage is the potential for expansion: multiple units can be combined to create a larger space exceeding 5000 square feet, providing significant scalability for growing businesses. This prime location and adaptable space make this property an exceptional investment opportunity in a thriving commercial area. The property is situated in a high-traffic area with easy access to Route 55, making it easily accessible to customers and employees. The ample parking further enhances the convenience and appeal of this location. Serious inquiries are encouraged to explore this exciting opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1972
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,932 SF
Lot 0.49 ac (21,201 SF)
APN 10 00255-0000-00003
UPID US59-0187402
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
Current use
Occupant on record · Public records
  • Jose R. Ruiz, DPM FACFAS Physician
  • Reconstructive Foot and Ankle Surgical Associates, P.C. Medical Clinic
  • Burger King Restaurant
  • Ashley Store Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$418k
Blend (final) Blend
$515k
Owner & transaction history
Professional Properties Of Nj LLC · 11 yrs held
Professional Properties Of Nj LLC
since 2014
7 recorded transactions
2020
Price N/A
2020
Price N/A
2014
$350,000
2004
Price N/A
2000
$350,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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