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1272 Landis Ave 5,000 SF 100% Leased Retail Building Elmer, NJ 08318 $1,342,117 CAD ($268.42 CAD/SF)
Investment Highlights
- Great exposure and traffic counts - 12,850 vehicles/day (2025 count)
- Turnkey Income from Commercial Bldg - $2,000 per month - lease expires 5/2029
- B-56 Zoning
Executive Summary
Attention Developers and Savvy Investors. Check out this 9 +/- acres with land development plan to build 61,000 SF of self storage and income producing 5000 +/- sf block free-standing retail sales building - leased for $2,000 per month - expiring 5/2029). Property sold in "As Is" condition. B-56 (Highway Business Route 56) zoning district - permitted uses include professional and business offices, landscaping/garden centers, restaurants, stores/convenience retail, carwashes, veterinary hospitals, recreational/boat sales and much more... Gas available. Convenient location - just off (about 1 mile) SR 55 (exit 32). Great exposure and traffic counts on SR56/Landis Avenue - 12,850 vehicles/day (2025 count). Invest in your future today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Year Built
1950
Price
$1,342,117 CAD
Price Per SF
$268.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
9.00 AC
Zoning
B-56 - Highway Business Route 56
Parking
20 Spaces
Frontage
Amenities
- Freeway Visibility
- Signalized Intersection
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 11-02504-0000-00016 | Improvements Assessment | $264,569 CAD |
| Land Assessment | $84,794 CAD | Total Assessment | $349,363 CAD |
Property Taxes
Parcel Number
11-02504-0000-00016
Land Assessment
$84,794 CAD
Improvements Assessment
$264,569 CAD
Total Assessment
$349,363 CAD
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1272 Landis Ave
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