1193 Rte Phillipsburg, NJ 08865
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.