Property profile

0 Pad To Home Depot Lodi, NJ 07644

OFF-MARKET
Retail properties & Spaces
1.74 ac lot
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Property summary

AI-generated overview

This exceptional 1.74-acre commercial land parcel presents a unique investment opportunity in Lodi, New Jersey. Approved for up to 15,154 square feet of commercial development, this pad site boasts a highly desirable location directly adjacent to a thriving, 132,003 square foot Home Depot. The property benefits from exceptional visibility and accessibility, situated near the intersection of NJ-17 (approximately 99,579 vehicles per day) and I-80 (approximately 104,223 vehicles per day), ensuring high traffic volume and exposure. The surrounding area is densely populated, with approximately 225,749 residents within a three-mile radius, exhibiting a strong average annual household income of $113,137. This affluent demographic creates a robust consumer base for potential retail tenants. Furthermore, the property's proximity to key transportation hubs, including Teterboro Airport (approximately 6 minutes away), the Meadowlands Sports Complex (approximately 12 minutes away), and Manhattan (approximately 14 minutes away), enhances its appeal and accessibility. The property is offered fee simple and the APN is 31-00194-02-00005-01. This development opportunity is ideal for investors seeking high-return potential in a thriving retail market.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.74 ac (75,794 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Pad To Home Depot Lodi, NJ 07644
Lodi metro
Google Maps

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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