233 Rte 94 Vernon, NJ 07462
This exceptional 1.784 square foot commercial property, located at 233 Route 94, Unit 233, Vernon, NJ, presents a unique investment opportunity. Situated on a generous 1.65-acre lot, this property boasts an impressive 313 feet of road frontage on State Route 94, ensuring high visibility and excellent signage opportunities. Currently zoned C3, the property is ideally suited for a variety of commercial uses, including retail or food service establishments. An existing structure is in place, offering the potential for rehabilitation and immediate business occupancy or complete redevelopment to suit a new vision. The building's current condition is described as intact and workable. The property's prime location offers easy access to the popular Mountain Creek Year-Round Resort, providing significant potential for increased customer traffic and business growth. This is a rare chance to acquire a substantial commercial property in a high-traffic area with significant development potential. The asking price is $399,000, reflecting a recent price reduction. This presents a compelling opportunity for investors and business owners seeking a strategic location with high visibility and flexibility. The property's size and zoning provide ample room for expansion or adaptation to meet specific business needs. Don't miss this chance to secure a prime commercial location in a thriving area.
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
Similar Nearby for Lease
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.