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Property profile & analytics
FOR SALE
Industrial properties

201 W Decatur Ave Pleasantville, NJ 08232

2.43 ac lot Built 1966
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1226656
Property summary
AI-generated overview

This exceptional 52,000-square-foot Class A industrial and office property, located at 201 W Decatur Ave, Pleasantville, NJ 08232, is offered for sale at $5,500,000 ($105.77/SF). The multi-tenant building, constructed in 1966 and renovated in 2009, sits on a 3.25-acre lot and features a versatile layout suitable for various uses including creative office, distribution, executive office, flex space, manufacturing, medical office, R&D, traditional office, and warehouse operations. The property boasts a 28-foot ceiling height, four loading docks with four dock-high doors, and ample parking for 15 vehicles. Currently 100% occupied, this two-story building is zoned G-C and offers convenient access to major transportation routes, including proximity to Atlantic City and the Atlantic City Airport. The property includes a sprinkler system and is heated. Its history includes a short-term Walmart lease (2023) and previous occupancy by Atlantic Coin & Slot Services. The building's features include signage opportunities and its location within an Urban Enterprise Zone (UEZ). This presents a unique investment opportunity in a prime location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1966
Construction TYPE NOT SPECIFIED
Lot 2.43 ac (105,851 SF)
Zoning code UEZC
APN 19 00057-0000-00017
UPID US59-1226656
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
$4.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.03M
Owner & transaction history
Pinter Realty Group LLC · 3 yrs held
Pinter Realty Group LLC
since 2022
Last sale
$3.7M
7 recorded transactions
2022
$3.7M
2022
Price N/A
2019
Price N/A
2019
$900,000
2015
Price N/A
2015
$100
1969
Price N/A
Zoning & alternative use
UEZC · Pleasantville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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