Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    530 Co Rd 515 Vernon Township, NJ 07462

    Sponsored
    For Lease
    Contact for pricing

    Prime Vernon, NJ Retail Opportunity

    Lot size:
    92,646 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Vernon Valley Plaza, located at 530 Co Rd 515, Vernon Township, NJ 07462, presents a compelling retail investment opportunity. This single-story, Class B retail center, built in 1974 and renovated in 2004, offers a total of 92,646 square feet across 15 suites. Currently, 5,800 square feet of retail space is available for lease, divisible into units ranging from 2,800 to 3,000 contiguous square feet. The property sits on a substantial 24-acre lot with ample parking (493 spaces) and benefits from a high-traffic location at the intersection of Route 515 & Main St. The zoning is designated as TC. The building features a floor area ratio (FAR) of 0.09. Property taxes are $4.62 per square foot. This well-maintained center provides excellent visibility and accessibility, making it ideal for a variety of retail businesses. The property's size and location offer significant potential for growth and profitability. Interested parties should note that the minimum leasable space is 2,800 square feet. This opportunity is perfect for businesses seeking a prominent presence in a thriving Vernon Township community.

    Property Features for 530 Co Rd 515

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    92,646 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1974/2004
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    3,000 SF
    Space
    Suite 12
    Size
    2,800 SF

    HighLights

    • Excellent location near Mountain Creek (ski resort, water park, and mountain bike park), Crystal Springs Resort, and Mineral Springs Resort & Van Dyke Residential.
    • High‑visibility pylon signage provides strong branding opportunities.
    • Strategically located at a traffic‑controlled intersection ensuring high visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Vernon Township
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.4830603
    Latitude
    41.1949089

    Nearby Comparable

    • $1,500 /Mo
      2,985 SF

      Medical/Professional Space Near Mountain Creek

      Approximately 987 sq ft space perfect for medical/professional/wellness use.
      276 Rt94, Vernon, NJ 07462
      View Details
    • $19 SF/Yr

      Vernon Office Building on Rt 94

      Centrally located office building suitable for medical or professional use.
      212 State Rt 94, Vernon, NJ 07462
      View Details
    • $60,000

      Vernon Township Commercial Space

      Commercial space available for rent in Vernon Township, NJ.
      5 State Rt 94, Vernon, NJ 07462
      View Details
    • $1,750 /Mo

      First Floor Office Space Available

      First floor office space with handicapped access and parking.
      6 Church St, Vernon, NJ 07462
      View Details
    • $1,550 /Mo
      1,080 SF

      Turn Key Office Space

      Office space featuring private offices and a conference room.
      1 State Rt 94, Vernon, NJ 07462
      View Details
    • Contact for pricing
      5,000 SF

      Grocery Anchored Shopping Center Space

      75,128 SF shopping center anchored by high-volume Acme.
      455 State Rt 23, Wantage, NJ 07461
      View Details
    • New
      $595 /Mo
      121,968 SF

      Office Suites in Hamburg Boro

      Individual office suites available for rent in Hamburg Boro.
      106 Quarry Rd Commer Ctr, Hamburg, NJ 07419
      View Details
    • $10,000 /Mo

      2.5 Acres Parking With Building

      2.5 acres of parking with building included for rent.
      30 Gingerbread Castle Rd, Hamburg, NJ 07419
      View Details
    • $1,200,000

      Industrial Warehouse Space Available

      Industrial warehouse space for rent in West Milford Township.
      2020 Greenwood Lk Tpke, Hewitt, NJ 07421
      View Details
    • $2,550 /Mo

      Renovated 3BR Apartment with Parking

      Completely renovated 3BR apartment with parking near town amenities.
      55 Gingerbread Castle Rd, Hamburg, NJ 07419
      View Details
    • $385 /Mo
      20,473 SF

      Commercial Garage with Attic Storage

      Two-bay garage with newer roof and walk-up attic.
      2-4 Hamburg Ave, Sussex, NJ 07461
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Vernon, NJ Retail Opportunity
    Where is this retail property located?
    The property is located at 530 Co Rd 515 Vernon Township, NJ.
    What are key features of this property?
    This property features: Excellent location near Mountain Creek (ski resort, water park, and mountain bike park), Crystal Springs Resort, and Mineral Springs Resort & Van Dyke Residential.; High-visibility pylon signage provides strong branding opportunities.; Strategically located at a traffic-controlled intersection ensuring high visibility and accessibility.
    Request Owner's contact information
    530 Co Rd 515 Vernon Township, NJ 07462
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    530 Co Rd 515
    Vernon Township, NJ 07462
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    530 Co Rd 515 Vernon Township, NJ 07462
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.