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    State Route 27 Edison, NJ 08817

    For Sale
    $799,000

    Fully rented, renovated, investment opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, situated on a 0.2-acre lot at State Route 27 in the heart of Edison, NJ's bustling business district, presents a compelling investment opportunity. The standalone building features two commercial units, currently configured as office spaces, but easily adaptable to retail use. Recent renovations have modernized the interior, creating attractive and functional spaces for tenants. The property boasts a newly paved parking lot, providing ample space for customers and employees. A significant advantage is the inclusion of a highway billboard post, offering excellent visibility and potential for additional revenue streams. The building is currently fully rented, generating a consistent income stream for the owner. This turnkey investment is ideal for those seeking a stable, high-visibility commercial property in a prime location with strong growth potential. The property's strategic location on State Route 27 ensures high traffic volume and excellent exposure to a large customer base. The combination of a desirable location, recent renovations, and current full occupancy makes this a rare and attractive investment opportunity in the thriving Edison market. The flexible space allows for a variety of commercial uses, making it an adaptable asset for future growth and diversification. The property is offered at $799,000.

    Property Features for State Route 27

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.41191
    Latitude
    40.50851

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    FAQs

    What type of property is this?
    Commercial real estate - Fully rented, renovated, investment opportunity.
    Where is this commercial real estate located?
    The property is located at State Route 27 Edison, NJ.
    What is the asking price?
    The asking price for this property is $799,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    State Route 27 Edison, NJ 08817
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