4-16 Rte 94 Vernon, NJ 07462
- Commercial real estate
- 6.19 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4-16 Rte 94
- Lot size
- 6.19 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.19-acre parcel, located at 4-16 Route 94 Unit 1 in Vernon, New Jersey, presents a compelling investment opportunity. Zoned for highway business use, the property boasts existing footings for a substantial 7200 square foot building, offering significant development potential. A key feature is the inclusion of a currently income-generating billboard, providing a steady revenue stream. The strategic location on Route 94 ensures high visibility and accessibility, placing the property within minutes of popular attractions such as a nearby ski resort, mineral spa, and several golf courses. This prime location offers excellent exposure to a large volume of traffic, making it ideal for a variety of commercial ventures. The sale is for the land only, providing the buyer with complete control over future development and maximizing investment potential. The existing footings represent a significant cost saving for any future construction project. This is a rare opportunity to acquire a high-traffic, income-producing property in a desirable location with significant upside potential. Don't miss this chance to capitalize on this exceptional investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vernon
- County
- Sussex
- State
- New Jersey
- Longitude
- -74.4624
- Latitude
- 41.211