1304 Front St, Plainfield, NJ 07062
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.