27 Smt Ave Summit, NJ 07901-3545
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ATM (TD Bank) Atm
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TD Bank Bank Loan Service
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…
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
B · Summit, NJB 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 that drive-through facilities shall not be permitted. d. Financial institutions, except that drive-through facilities are prohibited. e. Residential uses above the first floor. f. Theaters. g. Personal service facilities. h. Retail service facilities. i. Dance schools and studios. j. Health clubs. k. Lodges and social clubs above the first floor. l. Funeral parlors. m. Institutional uses. n. Instructional schools. o. Automobile sales. p. Private clubs. q. Adult day care. 2. Accessory uses. a. Uses which are customarily incidental and accessory to the principal permitted use as regulated in §§ 35-9.8 and 35-9.9 . 3. Conditional uses. a. Gasoline service stations. b. Automotive repair. c. Houses of worship. C. Supplementary requirements. 1. All proposed work shall be in accordance with the design requirements set forth in the Development Regulations Ordinance and consistent with the Development Design Guidelines in the Appendix of this chapter, [1] which are illustrative of the design requirements. [1]
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.