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    280 Us-1 Edison, NJ 08817

    For Sale
    Contact for pricing

    Prime Edison Retail Space, 4,372 SF

    Property size:
    4,372 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4,372-square-foot retail property, located at 280 US-1 in Edison, New Jersey, presents a lucrative investment opportunity. Currently configured as a five-bay auto repair shop with an office, this single-story building sits on a highly visible corner lot at the intersection of Route 1 and Woodbridge Avenue, boasting 184 feet of frontage on Route 1. The property is zoned GBH (General Business), allowing for a variety of uses. Ample parking is available with 14 spaces on-site. The building's net rentable area is 4,372 square feet, spread across one story. The current tenant will vacate on November 30, 2024, providing a clear path for new ownership to implement their vision. This location in Middlesex County, zip code 08817, offers excellent visibility and accessibility, making it an ideal space for a variety of businesses. The property's history as a successful Mr. Tire location speaks to its strong potential for continued success. This is a rare opportunity to acquire a well-positioned commercial property in a thriving New Jersey market. The property's prime location and ample parking make it an attractive option for a wide range of potential tenants. Don't miss this chance to own a piece of Edison's bustling commercial landscape.

    Property Features for 280 Us-1

    General Information

    Property type
    Automotive properties
    Square Feet
    4,372 SF

    Building Details

    Stories
    1

    HighLights

    • Former Mr. Tire 5‑bay auto repair shop with office space.
    • Corner lot at Route 1 & Woodbridge Ave intersection.
    • Vacant possession available November 30, 2024.
    • 184 feet of frontage on Route 1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4052658
    Latitude
    40.5003042

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    FAQs

    What type of property is this?
    Automotive property - Prime Edison Retail Space, 4,372 SF
    Where is this automotive property located?
    The property is located at 280 Us-1 Edison, NJ.
    What are key features of this property?
    This property features: Former Mr. Tire 5-bay auto repair shop with office space.; Corner lot at Route 1 & Woodbridge Ave intersection.; Vacant possession available November 30, 2024.
    (908) 668-9600
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    280 Us-1 Edison, NJ 08817
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    Edison, NJ 08817
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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
    280 Us-1 Edison, NJ 08817
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