824 Columbia AveMillville, NJ 08332

  • Other commercial real estate
  • 2,654 SF
For Sale
$97,500 View listing

Property Details for 824 Columbia Ave

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.24 AC
Property size (Sq ft)
2,654 SF
Zone code
I-1
Property type
Other commercial real estate
APN
10 00352-0000-00019- 01
APU
100035200000001901

Description

This exceptional 2,715 square foot industrial property presents a compelling investment opportunity in Millville, NJ. Situated on the west side of Columbia Avenue, south of Sharp Street, this strategically located site boasts convenient access and excellent visibility. The property features public water, sewer, gas, and electric utilities, ensuring seamless operational efficiency. Concrete curbs and sidewalks are installed along the entire Columbia Avenue frontage, enhancing both aesthetics and accessibility. Entry to the property is directly from Columbia Avenue. Security is provided by a six-foot-high chain link fence encompassing the entire site. While the lot itself is irregular in shape, a portion offers unimproved parking space for approximately three to six vehicles. This property is ideal for a variety of industrial uses and represents a strong return on investment. The building's size, coupled with its prime location and readily available utilities, makes it an attractive prospect for businesses seeking a functional and well-situated space. The existing infrastructure, including the chain link fence and paved frontage, minimizes upfront capital expenditure. This is a rare opportunity to acquire a well-positioned industrial property in a thriving area. Don't miss out on this chance to secure a valuable asset.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $877,664
    Hospitality
    $803,936
    Educational
    $668,865
    Medical
    $691,868
    Retail
    $1,040,456
824 Columbia Ave, Millville, New Jersey

Location Insight

City
Millville
County
Cumberland
State
New Jersey
Latitude
39.4026
Longitude
-75.0463
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
2023
$3,234
$34,100
$49,000
$83,100
-
$34,100
$49,000
$83,100

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