8 Burlington RdBridgeton, NJ 08302

  • Commercial real estate
  • 0.33 AC
For Sale
$1,500,000 View listing

Property Details for 8 Burlington Rd

Year built
1996
Construction
CONCRETE BLOCKS
Lot size
0.33 AC
Property type
Commercial real estate
APN
01 00110- 01-00046- 02
APU
100110010004602

Description

This exceptional investment opportunity presents a thriving gas station and convenience store ideally located at a bustling intersection in Bridgeton, New Jersey. The property boasts a generous 0.33-acre lot and a 300-square-foot building, providing ample space for operations and potential expansion. Its prime location ensures maximum visibility and accessibility, attracting a steady stream of local commuters and travelers, guaranteeing high foot traffic and significant exposure. The business model benefits from multiple revenue streams, including fuel sales, a well-stocked convenience store offering a variety of goods, and the potential for additional services. The sale includes all existing facilities and inventory, allowing for a smooth transition and immediate revenue generation for the new owner. This turnkey operation is poised for continued success, offering a strong return on investment. The asking price is $1,500,000. This is a rare opportunity to acquire a well-established and profitable business in a desirable location. The property's strategic positioning at a high-traffic intersection ensures consistent customer flow, maximizing sales potential and minimizing downtime. The existing infrastructure and inventory eliminate the need for extensive start-up costs, allowing for immediate profitability. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,534,480
    6.5%
    $4,185,670
    7%
    $3,886,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,856,550
    Geo Method
    $1,856,550
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $7,685,890
    Retail / Commercial
    $4,049,880
    Mixed-Use / Specialty
    $4,121,020
    Hospitality / Lodging
    $3,134,880
    Office
    $4,185,670
    Institutional / Educational
    $4,314,790
    Residential Income
    $5,048,300
    Multifamily
    $5,580,240
    Automotive / Energy
    $3,698,390
    Parking / Income-Based Land
    $1,191,720
    Restaurant / Food Service
    $2,326,010
    Healthcare / Senior Housing
    $4,138,270

Location Insight

City
Bridgeton
County
Cumberland
State
New Jersey
Latitude
39.4255
Longitude
-75.2101
CBSA code
47220
CBSA name
VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$26,628
$74,400
$455,200
$529,600
-
$74,400
$455,200
$529,600

FAQs

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