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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

480 State Rte Hanover, NJ 07981

4,195 SF
Property ID
Property summary
AI-generated overview

This exceptional 4,195 square foot retail space presents a unique opportunity in the thriving Whippany Village, Morris County, New Jersey. The property boasts a single-tenant occupancy, offering complete flexibility for a wide range of businesses. Currently vacant, this expansive space is ready for immediate occupancy and customization to suit your specific needs. Its strategic location within Whippany Village offers significant advantages, including proximity to a newly constructed 46-unit apartment complex, ensuring a robust and growing customer base. The property's ample square footage allows for a variety of retail configurations, from a large flagship store to multiple smaller businesses. The building's design and layout are adaptable, providing the potential for a highly functional and attractive retail environment. This is an ideal opportunity for businesses seeking high visibility and access to a dynamic and expanding community. The property is classified as commercial retail and is situated on State Route 10, providing excellent accessibility and visibility to a high volume of traffic. This location offers unparalleled potential for growth and success in a vibrant and rapidly developing area. Serious inquiries are encouraged to explore this exceptional retail opportunity further. The property is ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,195 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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