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Property profile & analytics
OFF-MARKET
Banks

27 Smt Ave Summit, NJ 07901-3545

1,600 SF 0.86 ac lot
Entity Owned 26-yr Hold Free & Clear
Property ID
US59-0210328
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Total area 1,600 SF
Lot 0.86 ac (37,501 SF)
Zoning code B
APN 18 03309-0000-00014
UPID US59-0210328
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
Current use
Occupant on record · Public records
  • ATM (TD Bank) Atm
  • TD Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Commerce Bank NA · 26 yrs held
Commerce Bank NA
since 2000
3 recorded transactions
2000
$2.1M
1999
$1.1M
1969
Price N/A
Zoning & alternative use
B · Summit, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

B Business Zone. A. Purpose. The B Zone is intended for the conduct of general business to which the public requires direct and frequent access as prime customers, clients, or patients. B. Permitted uses. 1. Principal uses. a. Retail sales, except that drive-through facilities are prohibited. b. Offices. c. Restaurants and other eating establishments, except…

Zone name Business
General category COMMERCIAL
Zone area 72.52 ac
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