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Property profile & analytics
FOR SALE
Commercial real estate

5 Irvin Ave Turnersville, NJ 08012

1,417 SF 0.44 ac lot Built 1925
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US59-1680884
Property summary
AI-generated overview

This exceptional Turnersville, NJ commercial property presents a unique investment opportunity encompassing approximately 1.07 acres. The property at 5 Irvin Avenue includes a 1,417 square foot building featuring a "duplex-like" layout, ideal for various commercial uses. The existing structure is complemented by a detached garage/workshop, perfect for equipment storage or additional workspace. Beyond the main building, the property boasts significant additional land, including adjacent lots, totaling over an acre, currently utilized as an equipment storage yard. This expansive area offers considerable potential for expansion, development, or additional commercial uses. The property's versatile configuration and substantial land area make it suitable for a wide range of commercial ventures. Its prime location in Washington Township provides excellent accessibility and visibility, making it an attractive investment for businesses seeking a strategic foothold in a thriving market. The property is priced at $399,950 and offers a compelling return on investment for discerning buyers. This is a rare opportunity to acquire a substantial commercial property with significant upside potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1925
Construction FRAME
Total area 1,417 SF
Lot 0.44 ac (19,201 SF)
Zoning code HC
APN 18 00196- 02-00004- 02
UPID US59-1680884
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Turnersville Realty Ptrs LLC · 8 yrs held
Turnersville Realty Ptrs LLC
since 2018
4 recorded transactions
2018
$370,000
2009
Price N/A
2009
Price N/A
2002
$155,000
Zoning & alternative use
HC · Turnersville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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