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    OFF-MARKET
    Commercial real estate

    3132 Black Horse Pike, Monroe, NJ 08094

    1,800 SF 1.7 ac lot
    Property ID
    US59-2739216
    Property summary
    AI-generated overview

    This 1.7-acre commercial property in Williamstown, New Jersey, presents a unique investment opportunity. Located at 3132 S Black Horse Pike, the property boasts 1,800 square feet of existing building space, currently zoned commercial. The existing structure, a home gutted to the studs, is ready for rehabilitation. The lot itself measures approximately 212 feet by 350 feet, providing ample space for development. The property's history includes use as a landscaping and garden center, and it already has approvals for a 40 x 60 pole barn. A storage building is also present on the site. The property includes a fully approved septic design, which will be provided by the seller. Please note that the existing home is uninhabitable. This property is ideally suited for an investor seeking a rental opportunity or a developer looking to capitalize on its commercial zoning and ample space. The asking price is $249,900. The property is located in Gloucester County, New Jersey, with a zip code of 08094. Detailed septic design documents are available upon request.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,800 SF
    Lot 1.7 ac (74,052 SF)
    UPID US59-2739216
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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