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    OFF-MARKET
    Land

    0 Avenel St, Woodbridge Township, NJ 07001

    0.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional .69-acre commercial land parcel, located on Avenel Street in Woodbridge Township, Middlesex County, New Jersey (zip code 07001), presents a unique investment opportunity. Currently zoned B-3, this property offers a wide range of permitted uses, including general retail sales, bakeries, barber shops, offices, restaurants, liquor stores, auto supply stores, grocery stores, and medical facilities. Conditional uses also include churches, religious uses, and cultural centers, expanding the potential development options. A proposed development plan envisions a ±7,000-8,000 square foot strip plaza, although the buyer is currently pursuing all necessary approvals and reports. Any offer submitted will be contingent upon the successful acquisition of these approvals. The property's strategic location within Woodbridge Township provides excellent access to major transportation routes and a thriving local community. The 2024 property taxes are $8,183. This is an ideal site for developers seeking to capitalize on the high demand for commercial space in this dynamic area of New Jersey. Don't miss this chance to acquire a versatile and well-positioned commercial land parcel with significant development potential. Act quickly, as this opportunity is unlikely to last.

    Property profile
    Verified
    Property type Land
    Lot 0.69 ac (30,056 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
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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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