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    540 Speedwell Ave, Unit Morris Plainsboro, NJ 07950

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    For Lease
    $782,750

    Commercial property available for rent in Morris Plains, New Jersey.

    Lot size:
    0.17 Acres

    Property Features for 540 Speedwell Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1925

    Source: KL SOTHEBY'S INT'L. REALTY Agent LOU ANN FELLERS

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

    Overview

    Morris Plains Commercial Property Available

    This commercial property, located in Morris Plains Boro, New Jersey, is available for rent. The property is suitable for parking lots and garages, automotive properties, and retail properties.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Map

    City
    Plainsboro
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4826
    Latitude
    40.8475

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    FAQs

    What type of property is this?
    Parking lot & garage - Commercial property available for rent in Morris Plains, New Jersey.
    Where is this parking lot & garage located?
    The property is located at 540 Speedwell Ave, Unit Morris Plainsboro, NJ.
    What are key features of this property?
    This property features: - Commercial property available for rent.; - Located in Morris Plains, New Jersey.; - Year Built: 1925
    (973) 543-3500
    Request Owner's contact information
    540 Speedwell Ave, Unit Morris Plainsboro, NJ 07950
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    Plainsboro, NJ 07950
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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
    540 Speedwell Ave, Unit Morris Plainsboro, NJ 07950
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