Property profile

3402 Rte 9 Middle Township, NJ 08242

OFF-MARKET
Commercial real estate
Property ID
US59-1385215
0.52 ac lot
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 0.52-acre retail land parcel, located at 3402 Route 9 South in Middle Township, New Jersey (zip code 08242), presents a unique investment opportunity. Situated directly across from a Walmart, this property enjoys exceptional visibility and accessibility, benefiting from high daily traffic counts. The property is offered for sale, ground lease, or build-to-suit, providing flexibility to accommodate a variety of development plans. Its prime location offers easy access to the Garden State Parkway, ensuring convenient access for customers and employees. The flexible layout options allow for customization to meet specific business needs, making it ideal for a range of retail ventures. This is a rare chance to acquire a strategically positioned retail site in a thriving area of Cape May County. The property's size and location make it an attractive prospect for developers and businesses seeking a high-visibility presence in a busy commercial corridor. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The latitude and longitude coordinates are 39.0156358 and -74.8744681 respectively.

Property profile

Verified
Property type Commercial real estate
Lot 0.52 ac (22,651 SF)
UPID US59-1385215

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3402 Rte 9 Middle Township, NJ 08242
Middle Township metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2024
1 recorded transaction
2024
$280,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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