You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

531 Rte Hanover, NJ 07981

1,774 SF 0.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1,774 square foot free-standing retail building is situated on a 0.7-acre lot at a signalized intersection in Hanover, New Jersey, offering unparalleled visibility and accessibility. Located on Route 10 (33,055 vehicles per day) and Whippany Road (17,633 vehicles per day), this property benefits from high traffic volume and direct access to Route 287. The building is ideal for a variety of uses, including restaurants, medical offices, fitness centers, retail stores, or salons/wellness businesses. Approved renovation plans are available. Ample parking is provided, exceeding 5 spaces per 1,000 square feet. This service-center building is in a densely populated area with a strong retail market, making it an excellent investment opportunity. The property is available for both sale and lease. The address is 531 Route 10, Hanover, NJ 07981, within Morris County. This location offers a unique blend of high visibility and convenient access, making it an attractive option for businesses seeking a thriving retail environment. The property's size and ample parking make it suitable for a range of commercial ventures.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,774 SF
Lot 0.7 ac (30,492 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 531 Rte?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message