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1272 Landis Ave 5,000 SF 100% Leased Retail Building Elmer, NJ 08318 $975,000 ($195/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
$975,000
Price Per SF
$195
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
Frontage
375’ on Route 56/Landis Avenue
AMENITIES
- Freeway Visibility
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 11-02504-0000-00016 | Improvements Assessment | $192,200 |
| Land Assessment | $61,600 | Total Assessment | $253,800 |
PROPERTY TAXES
Parcel Number
11-02504-0000-00016
Land Assessment
$61,600
Improvements Assessment
$192,200
Total Assessment
$253,800
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1272 Landis Ave
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