3201 Bergenline Ave Union City, NJ 07087-3918
- Banks
- 0.10 lot acres
Current Use by Public Records
- Bank / Bank
- Capital One ATM / Atm
- Capital One Bank / Atm / Bank
Property Details for 3201 Bergenline Ave
- Construction
- BRICK
- Lot size
- 0.10 lot acres
- Property type
- Banks
- APN
- 10 00193-0000-00020
- APU
- 1000193000000020
Description
This exceptional 4,403 square foot retail space in Union City, New Jersey, presents a unique investment opportunity. Located at the highly visible corner of 32nd Street and Bergenline Avenue, this property benefits from significant foot and vehicular traffic. Previously occupied by a bank, the space offers excellent visibility and exposure to a diverse customer base. The building's single-tenant configuration provides flexibility for a variety of businesses. The property's location within a thriving commercial district, surrounded by complementary retail shops and restaurants, ensures a vibrant and active neighborhood atmosphere. The 4,403 square feet provide ample space for a wide range of retail uses. The address is 3201 Bergenline Avenue, Union City, NJ 07087. This prime location offers unparalleled access to a large and diverse customer base, making it an ideal space for businesses seeking high visibility and strong foot traffic. The property's former use as a bank suggests a strong foundation and potentially desirable features. This is a rare opportunity to secure a prominent retail space in a bustling commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,980,000
- 6.5%
- $2,100,000
- 7%
- $1,845,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,205,000
- Geo Method
- $1,935,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,065,000
- Retail
- $2,120,000
- Mixed-Use
- $2,140,000
- Hospitality
- $1,725,000
- Educational
- $2,040,000
- Residential Income
- $1,790,000
- Energy
- $1,945,000
- Income-Based Land
- $1,750,000
- Food Service
- $1,885,000
Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.0293
- Latitude
- 40.7724
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA