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    Spotswd-Eng Rd Monroe, NJ 08831

    For Sale
    Contact for pricing

    Prime 3000 SF End Cap Space, Monroe NJ

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 3000 square foot commercial end cap space is ideally situated on heavily trafficked County Road 613 in Monroe, New Jersey. The property sits on a 6.41-acre lot and boasts a prime location within a fully leased commercial center featuring a strong tenant base. Previously occupied by a bank, this Class A space includes a drive-through, making it particularly suitable for a variety of uses. The current layout includes partially built-out office space, complete with conference rooms, secure storage, and recessed lighting. The high-income area surrounding the property ensures a strong potential customer base. The space's versatility allows for subdivision into two 1500 square foot units, providing flexibility for potential tenants. This presents a unique opportunity for businesses seeking a high-visibility location with existing infrastructure and ample space. The property's former use as a bank suggests existing infrastructure suitable for financial or professional services, while its features also make it well-suited for medical, dental, physical therapy, educational, or dining establishments. The combination of location, size, and existing features makes this an attractive investment opportunity. The asking price is $4,000.

    Property Features for Spotswd-Eng Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    279,220 SF

    Building Details

    Year Built
    1979
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.42641
    Latitude
    40.35002

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 3000 SF End Cap Space, Monroe NJ
    Where is this commercial real estate located?
    The property is located at Spotswd-Eng Rd Monroe, NJ.
    What is the asking price?
    The asking price for this property is $4,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Spotswd-Eng Rd Monroe, NJ 08831
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