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Property profile & analytics
FOR LEASE
Commercial real estate

69 Main St Butler, NJ 07405

7,023 SF 1.49 ac lot Built 1920
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US59-1464046
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 7,023 SF
Lot 1.49 ac (64,904 SF)
Zoning code CBD
APN 03 00015-0000-00006
UPID US59-1464046
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
$1.30M
CAP Approach CAP
$795k
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.30M
Owner & transaction history
Butler Property And Storage LLC · 1 yrs held
Butler Property And Storage LLC
since 2024
Last sale
$1.3M
1 recorded transaction
2024
$1.3M
Zoning & alternative use
CBD · Butler, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CBD Principal Use On-family dwellings X X X 1 X 2 Two-family dwellings X Apartments X 1 X 3 X Townhouse X 4 X 5A Townhouse and Apartments X 5A Senior Citizen Housing X Public Purpose Uses X X X X X X X X X X Private Parks and Beaches X X X X Retail Stores and Shops X X 17 X Business and Professional Offices X X X 17 X X Banks X 8 X 7 Child Care Centers (§143…

Zone name Central Business District
General category INDUSTRIAL
Zone area 35.47 ac
Source Butler, NJ
Top alternative use upside
Office building $1.5M +0.3%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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