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    Cedar Grv Ln Franklin, NJ 08873

    Sponsored
    For Sale
    Contact for pricing

    Spacious building, ideal for office or daycare.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 4,000 square foot freestanding commercial building in Franklin, NJ, presents a fantastic opportunity for a variety of businesses. Previously utilized as a daycare center, the property is readily adaptable to various office uses, though a variance from the Township may be required by the tenant. The building boasts a full basement accessible via an exterior door, providing ample storage or potential for expansion. A pre-installed security camera system is available for tenant conversion. Modern features include recessed lighting throughout, an interior sprinkler system, and a recently upgraded electrical service. Its convenient location offers easy access to Route 287, nearby shopping centers, and numerous hotels, ensuring high visibility and accessibility. The landlord is responsible for snow removal and lawn maintenance, while the tenant will be responsible for repairs, annual sprinkler system inspections, a portion of property taxes, trash removal, and all utilities. This property offers a compelling combination of functionality, modern amenities, and a prime location, making it an attractive investment opportunity.

    Property Features for Cedar Grv Ln

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Franklin
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5077
    Latitude
    40.53593

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious building, ideal for office or daycare.
    Where is this commercial real estate located?
    The property is located at Cedar Grv Ln Franklin, NJ.
    What is the asking price?
    The asking price for this property is $4,000.
    Request Owner's contact information
    Cedar Grv Ln Franklin, NJ 08873
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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
    Cedar Grv Ln Franklin, NJ 08873
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