Property profile

245 Washington Ave Washington, NJ 07882

OFF-MARKET
Commercial real estate
Property ID
US59-1938814
3,360 SF 0.51 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction METAL FRAME
Total area 3,360 SF
Lot 0.51 ac (22,425 SF)
Zoning code B1
APN 21 00073-0000-00003
UPID US59-1938814

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
  • (Bike/Boat/Book/etc) Store

Location

245 Washington Ave Washington, NJ 07882-2405
Washington metro Census 32000 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
$750k
Comparable Approach Comparable
$363k
Blend (final) Blend
$620k

Owner & transaction history

since 2023
Last sale
$590,000
5 recorded transactions
2023
$590,000
2015
Price N/A
2014
Price N/A
2014
Price N/A
2002
Price N/A

Zoning & alternative use

B1 · Washington, 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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