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Property profile

1304 Front St Plainfield, NJ 07062

OFF-MARKET
Office Spaces
View Sample
Built 1900

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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