272 Clayton Ave Clayton, NJ 08312
- Industrial properties
- 1,700 SF
- 1.77 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 272 Clayton Ave
- Year built
- 1975
- Construction
- FRAME
- Lot size
- 1.77 lot acres
- Property size
- 1,700 SF
- Zone code
- RIO
- Property type
- Industrial properties
- APN
- 01 00807-0000-00013
- APU
- 100807000000013
Description
This 80,467 square foot industrial property in Clayton, NJ, presents a unique value-add investment opportunity. The property consists of two buildings on a 1.769-acre lot (APN: 0801_807_13) and features a permitted RIO-1 zoning. Built in 1975, the complex includes a 14-foot high heated garage door, easily accommodating roll-off containers. The asking price is $995,000 ($12.37/sq ft). Included in the sale are an established New Jersey A-901 licensed waste removal business, a 2004 Kenworth roll-off truck, approximately 50 construction containers of various sizes, various hand and power tools, and an existing customer list. The property's current use is as a roll-off construction container site, but its flexible zoning allows for various uses, including builders, contractors, small manufacturing, and truck parking. An application for a rail spur to the Conrail track is available. This comprehensive package offers a turnkey solution for a waste removal business or a multitude of other industrial operations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $225,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $285,000
- 6.5%
- $295,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $285,000
- Mixed-Use
- $315,000
- Hospitality
- $330,000
- Educational
- $275,000
- Residential Income
- $280,000
- Energy
- $320,000
- Income-Based Land
- $300,000
- Food Service
- $305,000
Location Insight
- Map
- Local Demand
- City
- Clayton
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.0971
- Latitude
- 39.6534
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA