Single-Story Industrial Office School
For Sale
$14,999,000
2200 Cottontail Lane, Somerset, NJ 08873
Single-level, tenant-occupied school facility with loading access, heavy power, and ample parking for cars and buses.
Property Size52,336 SF
Lot Size5.00 Acres
Price / SF$286.59
Days on Market51
Property Features for 2200 Cottontail Lane
General Information
Standard status
Active
Size
52,336 SF
Total Parking Spaces
118
Lot size
5.00 Acres
Zoning
B-I
Warehouse & Industrial
Clear Height
17 ft
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$150,894
Building Details
Stories
1
Tenancy
Single
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
BRIAN T. WALSH
Source:
Exprealty
Added: Jul 6
Changed: Aug 24
Last Checked: Aug 23 at 8:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DAVIS REALTORS
Investment Insights
Based on property information with market context.
2200 Cottontail Lane is a single-level property developed as a private school. The building features a heavy power setup, an existing loading drive-in door, and a wide-open floorplan with large rooms and an on-site commercial kitchen. Mechanical systems include large chillers for heating and cooling, and ceiling heights range from 16' to the beam and 17' to the deck. Parking is available for 118 cars plus 12 buses (or trucks/vans).
The property is located within the Industrial/Office sector of Franklin Township and is zoned B-I (Business and Industry). The site is described as minutes from the Weston Canal Rd entrance to Route 287, with access to the NJTP and regional markets.
The property is currently tenant occupied by New Road School under an NNN lease with 2 years remaining, generating significant rental income. The approvals for educational uses are in place, and the permitted uses listed include a broad range of office, lab, light manufacturing, data center, self-storage, indoor recreation, hotel, and cannabis manufacture or wholesale, among others. There is also potential to deliver the property vacant for an owner user, subject to the existing tenant and lease terms.
The property is located within the Industrial/Office sector of Franklin Township and is zoned B-I (Business and Industry). The site is described as minutes from the Weston Canal Rd entrance to Route 287, with access to the NJTP and regional markets.
The property is currently tenant occupied by New Road School under an NNN lease with 2 years remaining, generating significant rental income. The approvals for educational uses are in place, and the permitted uses listed include a broad range of office, lab, light manufacturing, data center, self-storage, indoor recreation, hotel, and cannabis manufacture or wholesale, among others. There is also potential to deliver the property vacant for an owner user, subject to the existing tenant and lease terms.
Key Highlights
- 52,336 SF single‑level school facility built in 1970 in Franklin Township
- Zoned B‑I (Business and Industry) with permitted uses including general office, laboratory, data center, light manufacturing, and indoor recreation
- Tenant occupied under a NNN lease with 2 years left, generating significant rental income
Property Analytics
Property Profile
Current Use
Lease Details
17 ft
Clear height
1
Drive-in doors
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 08873, NJ
55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Single-level, tenant-occupied school facility with loading access, heavy power, and ample parking for cars and buses.
Where is this school located?
The property is located at 2200 Cottontail Lane Somerset, NJ.
What is the asking price?
The asking price for this property is $14,999,000.
What are key features of this property?
This property features: 52,336 SF single‑level school facility built in 1970 in Franklin Township; Zoned B‑I (Business and Industry) with permitted uses including general office, laboratory, data center, light manufacturing, and indoor recreation; Tenant occupied under a NNN lease with 2 years left, generating significant rental income
