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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

531 Rte Hanover, NJ 07981

1,774 SF
Property ID
Property summary
AI-generated overview

This exceptional free-standing retail property, located at 531 Route 10 in Whippany, New Jersey, offers 1,774 square feet of versatile space, currently vacant and ready for immediate occupancy. Situated on a 0.7-acre lot in Morris County, this single-tenant building presents a unique opportunity for owner-occupiers or investors seeking a high-visibility location. The property boasts ample parking, with a ratio of 5 spaces per 1,000 square feet, ensuring convenient access for customers and employees. Its prime location on Route 10 provides excellent exposure to high traffic volume, making it ideal for a variety of retail businesses. The building's free-standing design offers excellent branding opportunities and independent control over the property's aesthetic and functionality. The property is available for both sale and lease, providing flexibility for potential buyers and tenants. This is a rare opportunity to acquire a well-located, spacious retail building in a thriving New Jersey market. The 07981 zip code offers a strong demographic profile, further enhancing the property's investment potential. The property's size and layout are highly adaptable to a range of retail concepts. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,774 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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