Current Use by Public Records
- Retail properties & Spaces
Property Details for 530 Co Rd
- Year built
- 1974
- Property type
- Retail properties & Spaces
Description
Vernon Valley Plaza, located at 530 Co Rd 515, Vernon Township, NJ 07462, presents a compelling retail investment opportunity. This single-story, Class B retail center, built in 1974 and renovated in 2004, offers a total of 92,646 square feet across 15 suites. Currently, 5,800 square feet of retail space is available for lease, divisible into units ranging from 2,800 to 3,000 contiguous square feet. The property sits on a substantial 24-acre lot with ample parking (493 spaces) and benefits from a high-traffic location at the intersection of Route 515 & Main St. The zoning is designated as TC. The building features a floor area ratio (FAR) of 0.09. Property taxes are $4.62 per square foot. This well-maintained center provides excellent visibility and accessibility, making it ideal for a variety of retail businesses. The property's size and location offer significant potential for growth and profitability. Interested parties should note that the minimum leasable space is 2,800 square feet. This opportunity is perfect for businesses seeking a prominent presence in a thriving Vernon Township community.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vernon Township
- County
- State
- New Jersey
- Longitude
- -74.4831
- Latitude
- 41.1949
