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    Property profile & analytics
    OFF-MARKET Estimated value $1,780,000
    Commercial real estate

    565 Un Ave, Middlesex, NJ 08846-1938

    11,452 SF 1.35 ac lot Built 1982
    Entity Owned ~ Est. High Equity
    Property ID
    US59-1126639
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    Bigelow S Capone Newark Nj LLC
    Bigelow S Capone Newark Nj LLC
    since 2025
    Last sale
    $1.9M
    3 recorded transactions
    2025
    $1.9M
    2025
    1995
    $104,000
    Zoning & alternative use
    RT · Middlesex, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Apartment house (5+ units) $2.8M +0.6%
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