527 County Route 515 2 Vernon, NJ 07462
For Sale
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This exceptional commercial space, located at 527 County Route 515 in Vernon, NJ, presents a fantastic opportunity for a retail or professional business. Situated within the vibrant Vernon Town Center, this unit boasts a highly visible street-facing location on Route 515, featuring large bay windows that maximize exposure for optimal business visibility. The space is available for lease as a single unit or can be combined with an adjacent unit (MLS#3925710) for businesses requiring additional square footage. The property offers a variety of permitted uses, catering to a wide range of professional and retail businesses. This high-traffic area ensures significant road exposure, guaranteeing substantial visibility for your enterprise. The interior is completely new, featuring brand new flooring, high-quality Pella windows, and updated bathrooms, providing a turnkey operation ready for immediate occupancy. The property sits on a 0.42-acre lot and is conveniently located just a short distance from the Minerals & Crystal Springs Resort, offering additional access to a large pool of potential customers. Furniture and equipment are not included in the lease. The asking price is $2900.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.