362 Franklin St Bloomfield, NJ 07003
- Office buildings
- 2,514 SF
- 0.22 lot acres
Current Use by Public Records
- Precision Care, LLC - Dr. Roy Jackson, DC / Chiropractor
- Roy F. Jackson, DC / Chiropractor
Property Details for 362 Franklin St
- Year built
- 1938
- Lot size
- 0.22 lot acres
- Property size
- 2,514 SF
- Zone code
- BCR2
- Property type
- Office buildings
- APN
- 02 00301-0000-00028
- APU
- 200301000000028
Description
This exceptional commercial property, located at 362 Franklin Street, Unit 100, in Bloomfield, New Jersey, presents a prime opportunity for businesses seeking a versatile and well-situated space. The property encompasses approximately 3,000 square feet, distributed across two floors, offering ample room for a variety of commercial uses. The interior is fully finished, providing a blank canvas for customization to perfectly match your business requirements. Whether you envision a modern office environment, a retail space, or a professional services setting, this property's adaptability makes it an ideal choice. The building offers excellent street visibility, ensuring high traffic and potential for increased brand awareness. Six dedicated parking spaces are included, providing convenient parking for employees and clients. The location is strategically positioned for easy access to downtown Bloomfield, offering proximity to local amenities and a vibrant community. Furthermore, its convenient access to public transportation and major highways ensures seamless connectivity for commuters and clients. This property represents a rare opportunity to establish your business in a highly desirable and accessible location. The 0.22-acre lot provides ample space for outdoor activities or potential future expansion. Don't miss this chance to secure a thriving commercial space in the heart of Bloomfield.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $410,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $360,000
- 6.5%
- $330,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $310,000
- Mixed-Use
- $295,000
- Hospitality
- $310,000
- Educational
- $305,000
- Residential Income
- $290,000
- Energy
- $360,000
- Income-Based Land
- $355,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1949
- Latitude
- 40.7913
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA