5 Randolph Ave Mine Hill, NJ 07803-3066
This exceptional Mine Hill Township, NJ property at 5 Randolph Avenue presents a unique investment opportunity. The offering includes both the existing business and the real estate, encompassing a well-established convenience store and deli. Situated on a 0.91-acre lot, the current building boasts 4,000 square feet of retail space. A significant advantage lies in the potential for a 4,000 square foot expansion, doubling the existing footprint to a total of 8,000 square feet. This expansion could facilitate the development of a lucrative strip center, generating substantial additional income streams. The property, built in 1950, is a single-story structure. The asking price is $700,000. The property is zoned for commercial, executive office, and retail use. Prospective buyers are strongly encouraged to perform their own due diligence to fully assess the property's potential and verify all provided information. This is a rare opportunity to acquire a thriving business and prime real estate in a desirable location. The property's address is 5 Randolph Avenue, Mine Hill, NJ 07803.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Mine Hill, NJCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.