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198 S Route 73 1,700 SF Office Building Berlin, NJ 08009 $833,681 CAD ($490.40 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
$833,681 CAD
Price Per SF
$490.40 CAD
Cap Rate
6.49%
NOI
$54,112 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
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-01110-0000-00017 | Improvements Assessment | $242,137 CAD |
| Land Assessment | $280,634 CAD | Total Assessment | $522,771 CAD |
Property Taxes
Parcel Number
05-01110-0000-00017
Land Assessment
$280,634 CAD
Improvements Assessment
$242,137 CAD
Total Assessment
$522,771 CAD
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198 S Route 73
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