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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1292 Route 22 North Plainfield, NJ 07060

1 SF 1.47 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.47-acre property, located at 1292 Route 22 in North Plainfield, New Jersey (zip code 07060), presents a unique investment opportunity. Zoned for retail and restaurant use, this single-tenant site is currently configured as a gas station, operating under a ground lease. The property's strategic location on US-22 ensures high visibility and accessibility, making it ideal for a variety of businesses. The substantial lot size offers ample space for expansion or redevelopment, catering to the needs of a growing enterprise. Situated in Somerset County, this property benefits from a strong local economy and a dense population base. The existing infrastructure provides a solid foundation for immediate occupancy or future development plans. This is a rare opportunity to acquire a prime retail location in a thriving New Jersey market. The property's single-tenant status simplifies management and offers a straightforward investment strategy. With its high traffic count and prominent location, this property is poised for significant returns. Serious inquiries are encouraged to explore the potential of this exceptional commercial real estate offering. The total building square footage is 1 square foot. Further details are available upon request.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1 SF
Lot 1.47 ac (64,033 SF)
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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