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Property profile & analytics
OFF-MARKET
Commercial real estate

8 Ft Lee Rd Bogota, NJ 07603-1323

0.04 ac lot Built 1920
Individually Owned 5-yr Hold Free & Clear
Property ID
US59-1881654
Property summary
AI-generated overview

This exceptional business opportunity in Bogota, NJ, presents a chance to acquire a well-established and profitable enterprise. Located on East Fort Lee Road, this combined liquor store, lotto-convenience store boasts a strong customer base and consistent annual net revenue of approximately $125,000. The sale includes a valuable liquor license, a significant asset contributing to the business's success. The property itself offers ample storage space with a 1,200 square foot basement. The business is situated in a high-traffic area, ensuring consistent customer flow. This turnkey operation is ready for a new owner to step in and continue its success. Note that the inventory will be sold separately. While the property does not have heating, the strong revenue stream more than compensates for this aspect. This is a rare opportunity to own a profitable business with established clientele and significant earning potential. Serious inquiries only. The asking price is $250,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction BRICK
Lot 0.04 ac (1,899 SF)
Zoning code B2
APN 04 00045-0000-00002
UPID US59-1881654
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
  • Megha Liquor & Grocery (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Suryakant Patel · 5 yrs held
Suryakant Patel
since 2021
Last sale
$139,000
3 recorded transactions
2021
$200,000
1992
$139,000
1992
$139,000
Zoning & alternative use
B2 · Bogota, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Residential/Multi-Family, Senior Citizen R-2 One- and Two-Family Residential R-3 Multi-Family Residential R-4 Residential/Multi-Family Senior Citizen PD Planned Development AR Age Restricted Housing B-1 Business, Retail B-2 Business B-3 Business, Office I Industrial P Parkland § 21A-7.2 Zoning Map. [Ord. #1007, A-7; Ord. No. 1247 , S1; Ord. #1256, S1; Ord. #…

Zone name Business
General category INDUSTRIAL
Zone area 4.07 ac
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