1292 Route 22 North Plainfield, NJ 07060
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.
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.