Technical
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Property profile

1121 Rte Lebanon, NJ 08833

OFF-MARKET
Land
14.53 ac lot
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Property summary

AI-generated overview

This exceptional 14.53-acre commercial land parcel presents a significant investment opportunity in Clinton Township, New Jersey. Strategically located on Route 22 East, with additional frontage on Main Street and Blossom Hill Road, this property boasts unparalleled visibility and accessibility. The C-ROM zoning allows for a diverse range of uses, including those permitted in the C-1 Commercial and ROM-3 districts, such as retail establishments, offices, restaurants, hotels, theaters, museums, breweries, and outdoor recreation facilities. Specific permitted uses are detailed in the Clinton Township zoning ordinances. The site offers approximately 1250 feet of frontage on Route 22 East, 1402 feet on Main Street, and 461 feet on Blossom Hill Road. A portion of the land lies within a floodway. Adding to the property's value are two existing billboards generating rental income. While potential water and sewer hookups exist, verification is the responsibility of the prospective buyer. This prime location and flexible zoning make this property ideal for a variety of development projects, offering substantial returns for the discerning investor. The asking price is $1,750,000.

Property profile

Verified
Property type Land
Lot 14.53 ac (632,927 SF)

Cap rate & NOI

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

Location

1121 Rte Lebanon, NJ 08833
Lebanon metro
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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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