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Property profile & analytics
OFF-MARKET
Commercial real estate

1200 High N St Millville, NJ 08332-2540

2.85 ac lot Built 1984
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US59-0062026
Property summary
AI-generated overview

This exceptional commercial property presents a unique opportunity in Millville, NJ. Located at 1200 High St N, this former hospital campus offers over 20,000 square feet of adaptable office space. The property sits on a generous 2.85-acre lot, providing ample parking and potential for expansion. The building is highly versatile, accommodating a wide range of professional uses, including but not limited to dental, medical, clerical, accounting, architectural, legal, insurance, and other professional offices. Multiple configurations are available, with a minimum divisible space of 1,500 square feet, allowing for flexibility to suit various business needs and sizes. The rental rate includes common area maintenance, ensuring predictable and manageable operating costs. Tenants are responsible for their own heat and electricity, offering control over utility expenses. This modified gross lease structure provides transparency and simplifies budgeting. The property's size, location, and flexible layout make it an ideal choice for businesses seeking a prominent and functional workspace in Millville. This is a rare opportunity to secure a substantial and adaptable office space in a desirable location. Inquire today to explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Lot 2.85 ac (124,146 SF)
APN 10 00256-0000-00001
UPID US59-0062026
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
Current use
Occupant on record · Public records
  • Mathis Veronica V DDS Dental Office
  • Asao Jeffrey K DDS Dental Office Physician
  • Christian Fellowship Center Church Church Mosque
  • Hillcrest Manor Inc Housing Authority
  • Kristen Shelley, LCSW Foster Care Service Social Service Agency
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
Lifespring Of Millville INC · 9 yrs held
Lifespring Of Millville INC
since 2016
3 recorded transactions
2016
Price N/A
2004
$825,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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