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1004 Route 206 Hwy - Route 206 Approx 1 acre buildable 200' of fro 6.7 Acres of Commercial Land Offered at $1,200,000 in Montgomery, NJ 08540
INVESTMENT HIGHLIGHTS
- Route 206 Frontage
EXECUTIVE SUMMARY
Auto Related, Car Wash/Truck Wash, Convenience Store/Gas, Other/General Retail, Parking Lot
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$25,800
|
$3,850.75
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$25,800
|
$3,850.75
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $25,800 |
| Annual Per AC | $3,850.75 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $25,800 |
| Annual Per AC | $3,850.75 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
| Price | $1,200,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.70 AC |
| Property Type | Land | ||
| Zoning | REO-3 - Research, engineering, and office | ||
| Price | $1,200,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.70 AC |
| Zoning | REO-3 - Research, engineering, and office |
1 LOT AVAILABLE
Lot
| Price | $1,200,000 | Lot Size | 6.70 AC |
| Price Per AC | $179,104.48 |
| Price | $1,200,000 |
| Price Per AC | $179,104.48 |
| Lot Size | 6.70 AC |
DESCRIPTION
Come see this fabulous two parcel property zoned REO 3. Approved as residential and/or commercial. One parcel is a vacant lot the other has a house. House has a long term tenant for instant revenue. Great spot for office building, playground or automotive. Sold as a package with adjoining parcel at 994 Route 206 Block 34001 Lot 59. Tenant in 994 is month to month and $2,150.00 per month. Listing agent is related to the seller.
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1004 Route 206 Hwy - Route 206 Approx 1 acre buildable 200' of fro
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