770 Route 40 Elmer, NJ 08343
This exceptional commercial development opportunity in Elmer, New Jersey, presents a prime location for a variety of businesses. Situated on a highly visible 8.36-acre lot at the intersection of Routes 40 and 77, this property boasts approximately 34,000 square feet of existing building space. The site benefits from its strategic position near Routes 45 and 55, ensuring high traffic volume and excellent visibility. Current neighboring businesses include Dunkin' Donuts, Wawa, and the Point 40 Diner, establishing a thriving commercial hub. The property's ample space and convenient highway access make it ideal for a wide range of uses, including national and local retail establishments, restaurants, food and fuel service retailers, shopping centers, institutions, and auto dealerships. The expansive lot also offers significant potential for future growth and development, particularly for businesses requiring ample space for maneuvering, such as trucking, rigging, and hauling companies. Multiple curb cuts and easy highway access are key features. This is a rare opportunity to acquire a substantial commercial property in a high-demand location with significant development potential. The existing building provides a solid foundation for immediate occupancy or redevelopment, while the expansive acreage allows for significant expansion and customization.
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.