0 Oakland Ave Oakland, NJ 07436
This exceptional 1.39-acre development site in Oakland, New Jersey, presents a unique investment opportunity. Located on W Oakland Ave, this property boasts a prime location just steps from the I-287 exit ramp, benefiting from a high traffic count of 118,000 vehicles daily. The CBD2 zoning allows for a variety of commercial and residential development possibilities, making it ideal for a mixed-use project or a single-purpose development. The site's strategic location places it within a thriving retail environment, surrounded by established businesses such as Walgreens, Starbucks, Columbia Bank, and Dollar Tree, ensuring high visibility and potential customer traffic. The asking price is $1,600,000. This property is privately owned and offers significant potential for substantial returns. The large lot size and convenient access to major transportation routes make this an attractive proposition for developers seeking a high-impact project in a desirable New Jersey location. The property is situated in Bergen County, NJ, zip code 07436. This is a rare chance to acquire a substantial parcel of land in a bustling commercial area with excellent growth potential. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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