This exceptional office building, located at 566 Grand Avenue in Ridgefield, New Jersey, presents a unique investment opportunity. Priced at $990,000, the property offers significant potential for a variety of commercial uses. While the exact square footage is not currently specified, the building sits on a lot with no acreage. Its prime location in Ridgefield provides excellent access to major transportation routes, ensuring convenient commutes for employees and clients. The building's condition and specific features require further investigation, but the asking price reflects the potential for significant return on investment. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs. This is an ideal opportunity for businesses seeking a well-situated office space in a thriving New Jersey community. The property's address, 566 Grand Avenue, Ridgefield, NJ, offers easy access to local amenities and services, further enhancing its appeal. Serious inquiries are welcome to explore this promising commercial real estate offering. The absence of specified square footage necessitates a thorough on-site inspection to determine the precise dimensions and layout of the interior space. This property is being offered as-is, and potential buyers should be prepared to conduct a comprehensive assessment of the building's structural integrity and operational systems. The $990,000 price point represents a compelling entry point into the Ridgefield commercial real estate market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$374,693
Hospitality
$343,217
Educational
$285,553
Medical
$295,373
Retail
$444,193
Location Insight
City
Ridgefield
County
Bergen
State
New Jersey
Latitude
40.8356
Longitude
-74.0089
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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