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    OFF-MARKET
    Office Spaces

    1304 Front St, Plainfield, NJ 07062

    Built 1900
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Office Spaces
    Year built 1900
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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