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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2551 Nj-27 Franklin Township, NJ 08873

1,180 SF 1.2 ac lot Built 1961
Property ID
Property summary
AI-generated overview

This exceptional 1,180 sq ft. QSR/Fast Food property, situated on over an acre in Franklin Township, NJ, presents a unique value-add investment opportunity. Located on highly trafficked NJ-27, this single-unit building boasts 50 parking spaces and benefits from approximately 38,000 vehicles passing daily. Built in 1961, the property is zoned for commercial use and offers ample space for expansion. The thriving Franklin Township community, with a population exceeding 62,000 and a median household income of approximately $89,992, provides a strong market for retail and dining establishments. This location, surrounded by complementary businesses, ensures high visibility and significant potential for growth. The asking price is $1,680,000, translating to $1,423.73 per square foot. This is a rare chance to acquire a well-positioned property with significant historical charm and substantial upside potential in a vibrant commercial area. The property's size, location, and existing infrastructure make it an ideal investment for a variety of business ventures.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1961
Total area 1,180 SF
Lot 1.2 ac (52,272 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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