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198 S Route 73
Berlin, NJ 08009
Office Property For Sale
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
$599,900
Price Per SF
$352.88
Cap Rate
6.49%
NOI
$38,938
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
PROPERTY TAXES
| Parcel Number | 05-01110-0000-00017 | Improvements Assessment | $178,000 |
| Land Assessment | $206,300 | Total Assessment | $384,300 |
PROPERTY TAXES
Parcel Number
05-01110-0000-00017
Land Assessment
$206,300
Improvements Assessment
$178,000
Total Assessment
$384,300
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