1475 Highway Ter, Edison, NJ 08837
This exceptional commercial property, located at 1475 U.S. Highway 1 in Edison, New Jersey (zip code 08837), presents a unique investment opportunity. Currently housing a diner, this two-story building sits on a 0.69-acre lot and offers immense potential for redevelopment or continued operation as a restaurant. The property boasts a highly visible location on a major thoroughfare, Route 1 South, experiencing approximately 93,000 vehicles daily, ensuring high traffic and exposure. Its convenient access from both Route 1 and Lafayette Road provides easy ingress and egress. The sale includes the land, building, and existing fixtures, allowing for immediate occupancy and operation. Abundant parking is available on-site. The property's versatility allows for various uses, including the possibility of a duplex franchise location, given the presence of other franchises in the area. The asking price is $3,200,000. This is an ideal opportunity for restauranteurs, investors, or franchisees seeking a prime location with significant development potential in a high-traffic area. The property's existing structure can be easily adapted to suit a variety of restaurant concepts or completely redeveloped to meet specific needs. Don't miss this chance to acquire a valuable commercial asset in a thriving New Jersey market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.