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198 S Route 73 1,700 SF Office Building Berlin, NJ 08009 $819,241 CAD ($481.91 CAD/SF) 6.49% Cap Rate
Investment Highlights
- Heavily travelled road
- Great investment opportunity
- Existing tenant
Executive Summary
Spectacular Investment! Corner of Route 73 & Taunton Ave with traffic light. Presently leased to Enterprise. 35,000 cars pass by per day. Invest now while the value skyrockets. See documents section for more information.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,700 SF
Building Class
B
Year Built
1961
Price
$819,241 CAD
Price Per SF
$481.91 CAD
Cap Rate
6.49%
NOI
$53,175 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,700 SF
Building FAR
0.06
Lot Size
0.66 AC
Zoning
C-3
Parking
13 Spaces
1 1
Property Taxes
| Parcel Number | 05-01110-0000-00017 | Improvements Assessment | $247,418 CAD |
| Land Assessment | $286,755 CAD | Total Assessment | $534,173 CAD |
Property Taxes
Parcel Number
05-01110-0000-00017
Land Assessment
$286,755 CAD
Improvements Assessment
$247,418 CAD
Total Assessment
$534,173 CAD
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198 S Route 73
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