263 Us-46 Wayne, NJ 07470
This exceptional 10.79-acre commercial land parcel presents a unique investment opportunity in Wayne, New Jersey. Strategically located at 263 US Highway 46, this property boasts significant highway frontage along Route 46, offering unparalleled visibility and accessibility. The site is conveniently situated near the intersection of Route 46 and the Route 23 extension, ensuring high traffic exposure. Its prominent position provides excellent visibility from I-80, further enhancing its commercial potential. The property is zoned B20, allowing for a wide range of commercial development possibilities. Detailed lot information includes Block 300, Lot 6.02 (approximately 3.12 acres) and Block 300, Lot 6.03 (approximately 7.59 acres). The high daily traffic counts on I-80 (104,256 vehicles) and Route 46 (59,440 vehicles) underscore the significant potential for attracting customers and maximizing business exposure. Adding to its appeal, this property is located directly across from the Willowbrook Mall, providing immediate access to a substantial consumer base. This prime location and zoning make this an exceptional opportunity for developers seeking high-impact commercial development in a thriving market. The property's size and location offer significant potential for a variety of commercial uses.
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
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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.