75 Washington Valley RdBedminster, NJ 07921

Property Details for 75 Washington Valley Rd

Year built

1968

Lot size

3.88 AC

Zone code

VN

Property type

Commercial real estate

APN

01 00058-0000-00014

APU

100058000000014

Description

This exceptional business opportunity presents the chance to acquire a well-established and profitable dry cleaning business located in a bustling Bedminster, NJ shopping center. The current owner is retiring, presenting a unique opportunity for a new owner to step into a ready-made clientele and immediately begin generating revenue. The business boasts a strong reputation built over years of providing high-quality dry cleaning services to a loyal customer base. The sale includes all existing equipment, sold "as is," with the owner stating no responsibility for its condition. This is a turnkey operation, ideal for an experienced dry cleaner or an entrepreneur seeking a proven business model in a high-traffic area. The business is easily shown after 5 PM, allowing for convenient viewing times. The asking price is $150,000. This represents a significant opportunity to acquire a thriving business with established customer relationships and immediate earning potential. The location itself is a key asset, situated within a busy shopping center, ensuring high visibility and consistent foot traffic. This is a rare chance to own a successful, established business in a desirable location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $34,937,400

  6.5%

  $32,249,900

  7%

  $29,946,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $22,113,000

  Geo Method

  $22,083,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $63,666,800

  Retail / Commercial

  $32,613,900

  Mixed-Use / Specialty

  $32,470,800

  Hospitality / Lodging

  $23,787,800

  Office

  $32,249,900

  Institutional / Educational

  $33,746,900

  Residential Income

  $39,483,900

  Multifamily

  $47,503,900

  Automotive / Energy

  $28,925,900

  Parking / Income-Based Land

  $10,008,500

  Restaurant / Food Service

  $16,830,900

  Healthcare / Senior Housing

  $33,325,700

Location Insight

City

Bedminster

County

Somerset

State

New Jersey

Latitude

40.6472

Longitude

-74.6396

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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