225 Fowser Rd, Millville, NJ 08332-4269
This exceptional 2,400 sq ft auto repair shop in Millville, NJ, is a fantastic opportunity for a thriving business. Situated on approximately 1.95 acres, the property boasts three bays equipped with three car lifts, providing ample space for efficient vehicle servicing. The shop features gas heat with recently updated heaters, ensuring comfortable working conditions year-round. A recently installed (three years old) septic and well water system provides reliable utilities. The convenient layout includes a front desk area for customer interaction, a private office for administrative tasks, a full bathroom for staff and customer use, and laundry hookups for added convenience. An unfinished upstairs loft offers significant expansion potential, allowing for customization to meet specific business needs. The property's location near a small marina offers unique marketing advantages, attracting potential customers. Neighboring commercial businesses provide added convenience and synergy. Ample parking is available on the expansive lot, facilitating easy vehicle movement and customer access. Low annual property taxes of approximately $4,043 further enhance the financial appeal of this turnkey operation. This is a ready-to-go business opportunity, perfectly positioned for immediate success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.