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Property profile & analytics
FOR SALE
Commercial real estate

906 Us Highway 22 Somerville, NJ 08876

0.21 ac lot
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-2838224
Property summary
AI-generated overview

This exceptional freestanding retail building, located at 906 US Highway 22 in Somerville, New Jersey, presents a unique opportunity for businesses requiring both prominent retail space and ample warehouse capacity. The property boasts a total of 10,857 square feet situated on a 0.21-acre lot in the prestigious Somerset County. The building features a spacious 3,000+ square foot retail/showroom area, perfect for showcasing products and engaging customers. In addition, a substantial 7,000+ square foot warehouse provides ample storage and operational space. The warehouse features impressive 22-foot clear ceilings, facilitating efficient storage and handling of goods. Two tailboard loading docks ensure convenient and efficient loading and unloading operations. This prime location on Route 22 East benefits from high visibility and significant traffic, with over 50,000 vehicles passing daily. Prominent pylon signage ensures maximum brand exposure. Ample parking is available in both front and rear lots, providing convenient access for customers and employees. This property is ideally suited for retailers or showroom businesses requiring on-site warehousing capabilities. The combination of prime location, substantial space, and excellent features makes this an exceptional investment opportunity.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.21 ac (8,986 SF)
APN 18 00099-0000-00001- 11
UPID US59-2838224
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Frank Gomes Real Estate LLC · 18 yrs held
Frank Gomes Real Estate LLC
since 2007
1 recorded transaction
2007
$1.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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