Property profile

212 Gtwy Blvd Westville, NJ 08093

OFF-MARKET
Bars & Pubs
Property ID
US59-2119956
5,516 SF 0.22 ac lot Built 1928
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,200-square-foot commercial space at 212 Gateway Blvd, Westville, NJ 08093, offers unparalleled versatility. Located in Gloucester County, this single-tenant property is ideal for a variety of uses, including executive offices, coworking spaces, creative offices, traditional offices, or even medical offices. Built in 1928 and extensively renovated in 2022, the property boasts 15 parking spaces, ensuring ample convenience for employees and clients. While it lacks elevators, its single-story layout promotes accessibility. The property is zoned commercial ("Comm") and enjoys a high-traffic location near Route 130 and other major roadways, including Routes 295, 76, 676, and 42, providing easy access to Philadelphia and Delaware via the Walt Whitman, Ben Franklin, and Commodore Barry Bridges. Daily traffic counts (Station ID 7-4-234, 2020 data) show approximately 20,000 vehicles passing by, offering excellent visibility for your business. The adaptable space allows for customization to suit your specific needs, whether it's a modern office, a medical facility, or another commercial enterprise. This is a remarkable opportunity to establish your business in a highly visible and accessible location.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1928
Construction TYPE NOT SPECIFIED
Total area 5,516 SF
Lot 0.22 ac (9,714 SF)
APN 21 00024-0000-00004
UPID US59-2119956

Cap rate & NOI

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

Location

212 Gtwy Blvd Westville, NJ 08093-1346
Westville metro Census 500100 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2022
Last sale
$232,500
7 recorded transactions
2022
$232,500
2021
Price N/A
2020
Price N/A
2018
Price N/A
2017
$63,000
2014
Price N/A
2004
$230,000

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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