Property profile

1711 New Rd Linwood, NJ 08221

FOR SALE
Commercial real estate
Property ID
US59-1274930
2,392 SF 5.99 ac lot Built 1960
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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1711 New Rd, Linwood, NJ 08221 For Sale
Contact for pricing 2,392 SF
1711 New Rd, Linwood, NJ 08221
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Property summary

AI-generated overview

This exceptional 5.99-acre commercial land parcel, located at 1711 New Road in Linwood, New Jersey (08221), presents a unique investment opportunity. Priced at $399,000, this property boasts over 200 feet of frontage on New Road, ensuring high visibility and accessibility. The property's zoning is CO, and it is situated on Block 1, Lot 28. Previously occupied by a Garden State Gas Station, the site is undergoing remediation. Soil testing is complete, and groundwater testing is currently in progress. The seller has actively collaborated with the Department of Environmental Protection to increase the buildable area, with final approvals pending. The property includes a first-floor shop and a second-floor apartment, offering potential for redevelopment or repurposing. With its substantial size, prime location, and ongoing environmental improvements, this property is ideal for a variety of commercial ventures. The total square footage is 2,392, with a price per square foot of $166.81. This is a rare opportunity to acquire a well-situated commercial property in Atlantic County, New Jersey, with significant development potential. Don't miss out on this chance to capitalize on this promising investment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Construction CONCRETE BLOCKS
Total area 2,392 SF
Lot 5.99 ac (260,924 SF)
Zoning code BUS
APN 14 00001-0000-00028
UPID US59-1274930

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
  • Gas Company

Location

1711 New Rd Linwood, NJ 08221
Linwood metro Census 12502 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

BUS · Linwood, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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