292 Radix Rd, Monroe, NJ 08094
This exceptional investment opportunity presents a 2,520 square foot vacant refrigerated/cold storage building situated on over 10 acres in Monroe, New Jersey. The property, zoned R-2 (with cluster options available), boasts a former greenhouse operation including a substantial concrete slab cold storage facility, approximately 1600 square feet of office/garage space, and numerous aluminum frame greenhouses. Three irrigation wells are also located on the site. The property is being sold "as is" and includes a custom-built log cabin featuring two bedrooms, two and a half bathrooms, a stone fireplace, hardwood floors, a spacious kitchen, a finished basement with a custom bar, and a newer gas boiler/hot water heater. The expansive acreage offers significant agricultural and development potential. The property's address is 292 Radix Rd, Monroe, NJ 08094, and is conveniently located in Gloucester County. The asking price for this unique property is $989,000. This is a rare chance to acquire a versatile property with multiple income-generating possibilities. The property includes Block 2201 Lots 18.01 Qfarm, 20, 20 Qfarm, 21 and 21 Qfarm.
Cap rate
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Property description
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