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    1213 Nj-27 Franklin Township, NJ 08873

    Sponsored
    For Lease
    Contact for pricing

    Gas Station, 0.57 Acres, For Lease

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 1213 NJ-27 in Franklin Township, Somerset County, New Jersey, presents a unique investment opportunity. The property is classified as retail, specifically a gas station, and sits on a sizable 0.57-acre lot. The entire building, totaling 1 square foot, is currently available for lease as a single-tenant space. This makes it ideal for a variety of businesses seeking a high-visibility location with ample land. The property's address is 1213 NJ-27, placing it on a major thoroughfare with high traffic volume, ensuring excellent exposure for any tenant. The zip code is 08873. Given its location and size, this property is well-suited for a variety of retail uses, particularly those requiring significant outdoor space or high visibility. The property's single-tenant occupancy offers simplicity and control for both the landlord and tenant. The 0.57 acres of land provide ample space for potential expansion or additional development. This is a rare opportunity to secure a prime retail location in a thriving area of Somerset County. The property is ready for immediate occupancy. Interested parties should inquire promptly.

    Property Features for 1213 Nj-27

    General Information

    Property type
    Automotive properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • 0.57‑acre site
    • Asking rent available upon request
    Property Profile Location Intelligence

    Current Use by Public Records

    Gas stations

    Map

    City
    Franklin Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4900946
    Latitude
    40.4743645

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    FAQs

    What type of property is this?
    Automotive property - Gas Station, 0.57 Acres, For Lease
    Where is this automotive property located?
    The property is located at 1213 Nj-27 Franklin Township, NJ.
    What are key features of this property?
    This property features: 0.57-acre site; Asking rent available upon request;
    Request Owner's contact information
    1213 Nj-27 Franklin Township, NJ 08873
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    Franklin Township, NJ 08873
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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
    1213 Nj-27 Franklin Township, NJ 08873
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