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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1193 Rte Phillipsburg, NJ 08865

Property ID
Property summary
AI-generated overview

This exceptional 0.92-acre commercial land parcel presents a remarkable investment opportunity in Phillipsburg, New Jersey. Strategically located directly across from the Phillipsburg Mall on Route 22, this high-traffic location ensures maximum visibility and accessibility. The property's prime position offers unparalleled exposure to a large customer base, making it an ideal site for a variety of commercial ventures. The sale includes an existing building and a substantial paved parking lot capable of accommodating approximately 30 vehicles. Its proximity to Route 78 and the downtown Phillipsburg area further enhances its appeal and accessibility. The 0.92-acre lot provides ample space for development or expansion, catering to a range of business needs. This property is zoned for commercial use and presents a rare chance to acquire a well-situated parcel in a thriving area. The asking price is $1,300,000. Given its location and features, this property represents a strong investment potential for discerning buyers seeking a high-impact commercial location. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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