Single-Level School
For Sale
$14,999,000
2200 Cottontail Lane, Somerset, NJ 08873
Commercial Sale, Franklin Twsp, NJ
Property Size52,336 SF
Lot Size5.00 Acres
Price / SF$286.59
Days on Market48
Property Features for 2200 Cottontail Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-I
Parking
130
Lot features
Business Park
Directions
Minutes from Route 287, Easton Ave, Elizabeth Ave, and School House Rd.
Standard status
Active
APN
0800517020001901
Size
52,336 SF
Lot size
5.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
150894
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Amenities
Full Commercial Kitchen
Building Details
Year built
1970
Floors in Building
1
Flooring type
Linoleum, Tile, Carpet
Building materials
Brick
Roof type
Asphalt
Listing Agency:
DAVIS REALTORS
(732) 254-6700
Listed By:
Brian Walsh
(732) 254-6700
Added: Jul 6
Changed: Aug 19
Last Checked: Aug 22 at 11:06AM
MLS# 2700277R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 52,336-square-foot, single-level school facility occupies 5 acres and is constructed with a brick exterior. The existing layout includes large open rooms, a wide floor plan, a commercial kitchen, one drive-in loading door, heavy power, and ceilings measuring 16 feet to the beam and 17 feet to the deck. Large chillers provide heating and cooling, while public water and public sewer serve the property.
The site is zoned B-I (Business and Industry) and has approvals for educational use. Listed permitted uses include general office, laboratory, banquet facility, hotel, data center, light manufacturing, self storage, indoor recreation, and cannabis manufacture or wholesale. Parking accommodates 118 cars and 12 buses, with bus spaces also suited for commercial vehicles or trucks. The property is minutes from Route 287, the NJTP, area ports, New York City, and Philadelphia.
New Road School occupies the building under an NNN lease with 2 years remaining, and a vacant delivery may be available for an owner-user.
The site is zoned B-I (Business and Industry) and has approvals for educational use. Listed permitted uses include general office, laboratory, banquet facility, hotel, data center, light manufacturing, self storage, indoor recreation, and cannabis manufacture or wholesale. Parking accommodates 118 cars and 12 buses, with bus spaces also suited for commercial vehicles or trucks. The property is minutes from Route 287, the NJTP, area ports, New York City, and Philadelphia.
New Road School occupies the building under an NNN lease with 2 years remaining, and a vacant delivery may be available for an owner-user.
Key Highlights
- 52,336 SF single‑level building on 5 acres
- B‑I zoning supports office, laboratory, hotel, data center, light manufacturing, and other listed uses
- Parking for 118 cars and 12 buses, with bus spaces adaptable for trucks or vans
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
326
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - B-I-zoned school facility with substantial parking, industrial conversion potential, and access to Route 287.
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 building on 5 acres; B‑I zoning supports office, laboratory, hotel, data center, light manufacturing, and other listed uses; Parking for 118 cars and 12 buses, with bus spaces adaptable for trucks or vans
