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921 Delancy St Newark, NJ 07105

OFF-MARKET Land Google Maps
1 SF 17 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 17-acre commercial land parcel presents a unique investment opportunity in Newark, New Jersey. Located at 921 Delancy Street, this single-tenant property offers significant development potential. The expansive lot size provides ample space for a variety of commercial ventures, with the possibility of subdivision to accommodate multiple projects. The property's zoning (not specified in provided data) will dictate the permissible uses, which should be independently verified. Situated in Essex County, this location benefits from convenient access to major transportation arteries, facilitating efficient logistics and commuting for employees and customers. The address is 921 Delancy Street, Newark, NJ 07105. The property's total building square footage is listed as 1 square foot, indicating that there are no existing structures on the land. This presents a blank canvas for a new construction project tailored to specific business needs. Given the size and location, this property is well-suited for large-scale commercial development, potentially including warehousing, distribution centers, or other industrial uses. Further due diligence is recommended to fully assess the property's potential and suitability for intended purposes. The latitude and longitude coordinates are 40.7062573, -74.1296964. The property is classified as commercial land with single tenancy.

Property profile

Verified
Property type Land
Total area 1 SF
Lot 17 ac (740,520 SF)

Cap rate & NOI

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

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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