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    Property profile & analytics
    OFF-MARKET Estimated value $555,000
    Commercial real estate

    17 Summer St, Lodi, NJ 07644-2351

    0.06 ac lot Built 1930
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US59-1321080
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a unique property located at 17 Summer Street in Lodi, New Jersey. Priced at $899,000, this property offers significant potential for a savvy investor. While the square footage is not currently specified, the property is classified as "Other," suggesting a versatile use case that could accommodate a variety of commercial ventures. The lot size is listed as zero acres, indicating a likely smaller footprint, ideal for businesses that don't require extensive outdoor space. The property's address, 17 Summer Street, places it within the Lodi, NJ market, offering access to the area's established infrastructure and potential customer base. Given the lack of detailed information regarding the property's specific features and current condition, a thorough due diligence process is strongly recommended for any prospective buyer. This includes, but is not limited to, a comprehensive property inspection, review of relevant zoning regulations, and assessment of potential market demand. The absence of square footage data underscores the need for a detailed on-site assessment to determine the property's suitability for intended use. This property is being offered as-is, and the buyer is responsible for all due diligence and associated costs. This presents a unique opportunity for an investor to acquire a property in a desirable location and tailor it to their specific business needs. Serious inquiries only.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1930
    Construction BRICK
    Lot 0.06 ac (2,500 SF)
    APN 31 00091-0000-00037- 01
    UPID US59-1321080
    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
    • Summer and Autumn Brunch Cafe Restaurant Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $575k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $555k
    Owner & transaction history
    17 Sb LLC · 3 yrs held
    17 Sb LLC
    since 2022
    Last sale
    $525,000
    4 recorded transactions
    2022
    $525,000
    2021
    $400,000
    2015
    $400,000
    2015
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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