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Property profile & analytics
OFF-MARKET
Commercial real estate

End Ave Somerville, NJ 08876

0.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.37-acre commercial lot presents a unique investment opportunity in the thriving town of Somerville, New Jersey. Located on W End Avenue W, this property offers significant potential for a wide range of commercial ventures. The expansive lot size provides ample space for development, allowing for flexibility in design and functionality. The asking price of $750,000 represents a compelling value in the current market, considering the property's prime location and development potential. The absence of existing structures allows for complete customization to suit the specific needs of a prospective buyer. This presents a blank canvas for entrepreneurs and developers seeking to establish a new business or expand an existing operation. The property's location within Somerville offers easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The surrounding area boasts a vibrant business community and a strong residential base, providing a ready-made customer pool. This versatile property is ideal for a variety of commercial uses, making it an attractive investment for those seeking a high-return opportunity in a desirable location. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is offered as-is. Further due diligence is recommended.

Property profile
Verified
Property type Commercial real estate
Lot 0.37 ac (16,117 SF)
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
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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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