18 Morris Tpke, Summit, NJ 07901-4036
This exceptional 800-square-foot freestanding retail space presents a unique opportunity for a single-tenant business in the vibrant Summit, New Jersey market. Located at 18 Morris Turnpike, this property boasts a prime location with high visibility and excellent accessibility. The building is currently vacant and ready for immediate occupancy, offering a blank canvas for your business vision. The 0.1-acre lot provides ample space for customer parking, with four spaces conveniently available. The property's classification as a proposed pad site and redevelopment opportunity suggests potential for future expansion or customization to meet specific business needs. Situated in Union County, this location benefits from a strong local economy and a dense population base, ensuring high foot traffic and potential customer reach. The single-tenant occupancy ensures complete control and flexibility for the lessee. This is an ideal space for a variety of retail businesses seeking a high-profile location in a thriving community. The address is 18 Morris Turnpike, Summit, NJ 07901. This property offers a rare combination of size, location, and potential, making it an exceptional investment opportunity for discerning businesses. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. Don't miss this chance to establish your business in a highly desirable location.
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M AND A BP Gas Station
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M & A Repair LLC Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B · Summit, NJSummit. Always verify with local authorities before improvements.
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.