990-990 INMAN Avenue

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990-990 INMAN Avenue

Edison, NJ 08820
Asking Price
$1.50M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site consists of two acres of developable land
  • It is situated at 990-990 Inman Avenue in Edison
  • The property is currently available for purchase at 1,500,000
  • Edison remains a central hub within the northern New Jersey market
  • The land is suitable for a variety of commercial development projects

What's Special

This two-acre parcel of land is positioned at 990-990 Inman Avenue in Edison, New Jersey. The property provides a strategic footprint within a key Middlesex County submarket, benefiting from the robust economic environment and connectivity synonymous with the greater New York City metropolitan area. Proximity to major regional transit arteries supports accessibility for a variety of future commercial or industrial applications. Given the size and location of the site, it is well-suited for development projects aimed at addressing the demand for commercial space in this established suburban corridor. Investors and developers will find the site provides a functional canvas for a range of land-use possibilities, allowing for tailored site planning to meet specific tenant or operational requirements within this high-traffic region.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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