Property profile

565 Un Ave Middlesex, NJ 08846

OFF-MARKET
Commercial real estate
Property ID
US59-1126639
11,452 SF 1.35 ac lot Built 1982
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 565 Union Avenue in Middlesex, NJ, presents a compelling investment opportunity. The 1.35-acre lot boasts significant frontage on State Highway 28 (Union Avenue), ensuring high visibility and accessibility. The main building comprises approximately 11,452 square feet of space, previously occupied by a wholesale florist business. The property features seven overhead doors, including one extra-large 12-foot door, providing ample access for loading and unloading. Currently zoned RT (Residential Transition), this property offers significant potential for redevelopment or repurposing, subject to necessary municipal approvals. The strategic location and substantial square footage make this an ideal prospect for a variety of commercial ventures or adaptive reuse projects. Investors will appreciate the considerable size of the lot and the existing building's infrastructure, offering a solid foundation for future development. The high-traffic location on a major state highway ensures excellent exposure and potential for strong returns. Serious inquiries are encouraged to explore the possibilities this unique property presents. All aspects of the property are being sold "as is".

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1982
Construction CONCRETE BLOCKS
Total area 11,452 SF
Lot 1.35 ac (58,800 SF)
Zoning code RT
APN 10 00086- 08-00002
UPID US59-1126639

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

565 Un Ave Middlesex, NJ 08846-1938
Middlesex metro Census 101 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.53M
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$1.78M

Owner & transaction history

since 2025
Last sale
$1.9M
3 recorded transactions
2025
$1.9M
2025
Price N/A
1995
$104,000

Zoning & alternative use

RT · Middlesex, NJ
Top alternative use upside
Apartment house (5+ units) $2.8M +0.6%

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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