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Property profile & analytics
FOR LEASE
Office buildings

362 Franklin St Bloomfield, NJ 07003

2,514 SF 0.22 ac lot Built 1938
Entity Owned 1-yr Hold Free & Clear
Property ID
US59-1529846
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1938
Total area 2,514 SF
Lot 0.22 ac (9,666 SF)
Zoning code BCR2
APN 02 00301-0000-00028
UPID US59-1529846
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
Current use
Occupant on record · Public records
  • Precision Care, LLC - Dr. Roy Jackson, DC Alternative Medicine Practice
  • Roy F. Jackson, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k
Owner & transaction history
Sala C Realty LLC · 1 yrs held
Sala C Realty LLC
since 2024
Last sale
$411,137
3 recorded transactions
2024
$411,137
2022
$570,000
2006
$1
Zoning & alternative use
BCR2 · Bloomfield, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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