566 Grand Ave Ridgefield, NJ 07657-1504
This exceptional office building, located at 566 Grand Avenue in Ridgefield, New Jersey, presents a unique investment opportunity. Priced at $990,000, the property offers significant potential for a variety of commercial uses. While the exact square footage is not currently specified, the building sits on a lot with no acreage. Its prime location in Ridgefield provides excellent access to major transportation routes, ensuring convenient commutes for employees and clients. The building's condition and specific features require further investigation, but the asking price reflects the potential for significant return on investment. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs. This is an ideal opportunity for businesses seeking a well-situated office space in a thriving New Jersey community. The property's address, 566 Grand Avenue, Ridgefield, NJ, offers easy access to local amenities and services, further enhancing its appeal. Serious inquiries are welcome to explore this promising commercial real estate offering. The absence of specified square footage necessitates a thorough on-site inspection to determine the precise dimensions and layout of the interior space. This property is being offered as-is, and potential buyers should be prepared to conduct a comprehensive assessment of the building's structural integrity and operational systems. The $990,000 price point represents a compelling entry point into the Ridgefield commercial real estate market.
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
Costs & 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.