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Property profile & analytics
FOR LEASE
Office buildings

47 Us Highway 206 Augusta, NJ 07822

4.35 ac lot
Individually Owned 12-yr Hold Free & Clear
Property ID
US59-0744762
Property summary
AI-generated overview

This 7,300 square foot commercial space at 47 US Highway 206, Unit 7 in Augusta, NJ, offers a versatile layout ideal for a variety of businesses. Previously occupied by an internet provider, the property boasts excellent natural light from numerous windows. The space includes a 700 square foot private lobby with elevators, restrooms, and an outdoor deck. An additional 2,200 square feet of open space provides ample room for customization, complemented by a 360 square foot office/conference room. Tenants also enjoy access to a shared community room perfect for events or meetings. The gross lease includes parking, common area maintenance (CAM), garbage removal, and signage. Utilities are the tenant's responsibility. The building is exceptionally well-maintained and benefits from a strong tenant mix, including a credit union, real estate office, acupuncturist, personal trainer, and salon. Its prime location offers easy access to major highways, and nearby shopping centers featuring ShopRite, Walmart, and Home Depot ensure high visibility and foot traffic. A background check and renters/business insurance are required. The property sits on a 4.35-acre lot. This exceptional space is expected to lease quickly.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 4.35 ac (189,530 SF)
Zoning code L-I
APN 05 00018-0000-00024- 03
UPID US59-0744762
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
Visions FCU · 12 yrs held
Visions FCU
since 2014
4 recorded transactions
2014
Price N/A
2003
$425,000
1991
$560,000
1969
Price N/A
Zoning & alternative use
L-I · Augusta, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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