Property summary
This exceptional 0.00% cap rate commercial land parcel, located at 1304 Front Street East in Plainfield, New Jersey, presents a unique investment opportunity. The property, built in 1900, offers 0 units and is classified as both commercial and executive office space. The 0-story building sits on a sizable lot, ideal for redevelopment or repurposing. Situated in Union County, the property boasts a convenient location within the 07062 zip code, offering easy access to major transportation routes and local amenities. The asking price is $399,900. Given its historical significance and prime location, this property is well-suited for a variety of commercial ventures. The land itself provides a blank canvas for creative development, allowing for the construction of a modern office building or other commercial structure. Investors will appreciate the potential for significant return on investment, despite the current 0.00% cap rate. Detailed site plans and zoning information are available upon request. This is a rare chance to acquire a piece of Plainfield's history and shape its future. Serious inquiries only. The property is zoned for commercial use.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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