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    40 Pike Run Rd Montgomery, NJ 08502

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    For Lease
    Contact for pricing

    Regional shopping center in growing Montgomery/Belle Mead market.

    Property size:
    3,150 SF
    Lot size:
    9.72 Acres

    Property Features for 40 Pike Run Rd

    General Information

    Size
    3,150 SF
    Lot size
    9.72 Acres

    Source: Pierson Commercial Real Estate Agent Gary Krauss

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Regional Shopping Center For Rent

    This +/- 86,960 square foot regional shopping center offers potential for an additional +/- 10,350 square feet to be constructed. It is located in the heart of the rapidly growing Montgomery/Belle Mead market. The center is anchored by CVS and Kasia market, a high-end Asian market featuring fresh produce, a butcher shop, fresh/live seafood market, Korean cosmetics, and prepared foods. The property features two entrances: full access on Route 206 and a second entrance at the signalized intersection at Belle Mead-Griggstown Road with back access to the residential housing nearby. It is adjacent to Pike Run homes with 500 houses/townhomes and the Pike Run apartment complex with 800 units. Across Route 206 is the Country Club Estates with 148 homes and Meadows at Montgomery, an active 55+ community of 96 units. The site is part of the expanding Princeton sub-market with high incomes and a highly educated population, approximately six miles from downtown Princeton. Available space is 3,150 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pike Run Village Apartment Building Pike Run Meadows Apartment Building

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Grove at Montgomery, Pike Run Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6558583
    Latitude
    40.466051

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    FAQs

    What type of property is this?
    Shopping center - Regional shopping center in growing Montgomery/Belle Mead market.
    Where is this shopping center located?
    The property is located at 40 Pike Run Rd Montgomery, NJ.
    What are key features of this property?
    This property features: - Anchored by CVS and Kasia Market, a high-end Asian market with fresh produce, butcher shop, and more.; - Located in the rapidly growing Montgomery/Belle Mead market.; - High traffic location with two entrances on Route 206 and Belle Mead-Griggstown Road.
    (732) 707-6900
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    40 Pike Run Rd Montgomery, NJ 08502
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    Montgomery, NJ 08502
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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
    40 Pike Run Rd Montgomery, NJ 08502
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