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Property profile & analytics
OFF-MARKET
Land

263 Us-46 Wayne, NJ 07470

10.79 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 10.79 ac (470,012 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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