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    Specialty properties

    278 Main St, Stafford Township, NJ 08092

    1,200 SF 1.17 ac lot Built 1946
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 278 S Main Street in West Creek, New Jersey, presents a unique investment opportunity. The 1.17-acre lot boasts three buildings totaling 1,200 square feet, built in 1946 and extensively renovated in 2024. The property currently enjoys 100% occupancy with a single unit, offering immediate income potential. Ample parking is available with space for up to 40 cars or 25 tractor trailers in the open lot. The permitted zoning allows for mixed use, encompassing local business, residential, and accessory structures such as a shed and carport. This flexibility allows for diverse development options, including the possibility of subdividing the property due to access points from both S Main Street and Bolton Lane. Situated on a heavily traveled section of Route 9, just 2.5 miles south of Route 72, this location ensures high visibility and accessibility. Natural gas is available on-site. The property offers a compelling blend of established income and significant future development potential, making it an ideal choice for a savvy investor seeking a versatile commercial holding in a prime location. The property is offered fee simple.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1946
    Total area 1,200 SF
    Lot 1.17 ac (50,965 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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