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175 Lakeside Blvd Landing, NJ

Commercial real estate Google Maps
41,596 SF 9 ac lot
Entity Owned 2-yr Hold Free & Clear
Estimated value (blended)
$4.83M
Range $4.35M – $5.31M (±10%)
Property ID US59-1014372

Property summary

AI-generated overview

Lakeside Plaza, a 64,000 square foot shopping center, presents a prime retail investment opportunity in Morris County. This multi-tenant property boasts a highly visible location in the heart of the Lake Hopatcong shopping district, offering excellent accessibility and high traffic volume. Currently, 53,513 square feet of space is available, divisible into units ranging from 1,213 to a maximum contiguous 34,900 square feet. Twelve individual spaces are currently available for lease. The center's former anchor tenant was Pathmark, establishing a strong foundation for future success. Ample parking is provided with 400 spaces available for customers and employees. Its strategic location offers easy access to major transportation arteries, including proximity to Exit 28 of I-80 (5 miles), Route 206 (4 miles), Route 46 (2 miles), and Route 10 (3 miles). This presents a unique chance to establish or expand a business in a thriving lakeside community with significant foot traffic and convenient access for customers. The property's size and flexibility make it suitable for a variety of retail concepts. Inquire today to learn more about this exceptional retail opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 41,596 SF
Lot 9 ac (392,040 SF)
Zoning code B-3
APN 36 10901-0000-00008
UPID US59-1014372

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
AI Approach AI
by Request
CAP Approach CAP
$4.70M
Comparable Approach Comparable
$5.13M
Blend (final) Blend
$4.83M

Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-3 · Landing, NJ

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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Ask anything about this address in plain English.
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More about this property
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