Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    304 Us-202 Flemington, NJ

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,656,250

    NNN leased Mavis Discount Tire in Flemington, New Jersey.

    Property size:
    6,486 SF
    Lot size:
    0.91 Acres

    Property Features for 304 Us-202

    General Information

    Size
    6,486 SF
    Lot size
    0.91 Acres

    Source: NNN Pro Group Agent Matthew Anuszkiewicz

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

    Overview

    Flemington Mavis Discount Tire Investment

    The property at 304 U.S. 202, Flemington, New Jersey 08822, is a Mavis Discount Tire location. It features approximately 6486 rentable square feet of building space on an estimated 1.03-acre parcel of land. The property is subject to a 20-year Triple Net (NNN) lease that commenced on 11/18/2020. The current annual rent is $204,750, with scheduled increases of 5.00% every 5 years.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Similar Places Nearby

    Auto Oasis, A & B Garage & Auto Body, Midas, Boni Tire & Auto Service, Boxwell small engine repair

    Map

    City
    Flemington
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.8593318
    Latitude
    40.5123258

    Nearby Similar for Sale

    • $185,900
      20,000 SF

      Modern Office Suite For Sale

      Well-maintained office suite in Raritan Twp. with flexible layout.
      4 Walter E Foran Blvd, Flemington, NJ 08822
      View Details
    • Contact for pricing
      5,888 SF

      Two-Story Office Complex in Readington

      Two-story office building in the heart of Readington Township.
      699 Rte 202 South, Flemington, NJ 08822
      View Details
    • Contact for pricing
      5,888 SF

      Readington Twp. Office Building

      Two-story office complex in the heart of Readington Township.
      699 Rte 202 South, Flemington, NJ 08822
      View Details
    • Contact for pricing
      5,888 SF

      Two-Story Office Complex on Route 202

      Freestanding, renovated office building in Readington Twp.
      699 Rte 202 South, Flemington, NJ 08822
      View Details
    • $895,000
      5,888 SF

      Readington Twp. Office Building For Sale

      Two-story office complex on Route 202 in Readington Twp.
      699 Rte 202 South, Flemington, NJ 08822
      View Details
    • $2,595,000
      12,900 SF

      Power Sport Business Opportunity

      Family-owned power sport business with showroom, service center, and storage.
      749 Us Highway 202, Flemington, NJ 08822
      View Details

    FAQs

    What type of property is this?
    Auto shop - NNN leased Mavis Discount Tire in Flemington, New Jersey.
    Where is this auto shop located?
    The property is located at 304 Us-202 Flemington, NJ.
    What is the asking price?
    The asking price for this property is $3,656,250.
    What are key features of this property?
    This property features: - 20-year Triple Net (NNN) lease commenced 11/18/2020.; - Current annual rent is $204,750.; - Scheduled rent increases of 5.00% Every 5 Years.
    (332) 345-2408
    Request Owner's contact information
    304 Us-202 Flemington, NJ
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    304 Us-202
    Flemington, NJ
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    304 Us-202 Flemington, NJ
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.