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

    315 Us-206 Hillsborough Township, NJ 08844

    For Lease
    Contact for pricing

    Kohl's Pad Site: 1-Acre Ground Lease

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in the thriving Hillsborough Township, New Jersey market. Located at 315 US-206, this single-tenant retail site is ideally positioned for immediate development or long-term ground lease potential. The property's convenient location offers excellent visibility and accessibility, ensuring high traffic volume and strong potential for tenant attraction. Situated in Somerset County, this property benefits from a robust local economy and a dense population base, making it an attractive location for a variety of retail businesses. The site's classification as a "Kohl's pad site" indicates its strategic placement within a larger commercial development, further enhancing its value and appeal. The property is designated as retail land with a single-tenant occupancy, providing a straightforward and potentially low-risk investment. Detailed site plans and zoning information are available upon request. This is an exceptional opportunity to acquire a highly desirable retail property in a prime New Jersey location. The property's 08844 zip code places it within a well-established commercial corridor, offering easy access to major transportation routes and a large consumer base. This 1-acre parcel offers significant potential for immediate development or long-term income generation through a ground lease arrangement. Serious inquiries are encouraged to explore this compelling investment opportunity further.

    Property Features for 315 Us-206

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Size
    43,560 SF

    HighLights

    • 1‑acre pad site available for ground lease or immediate development.
    • Located in Hillsborough Township, NJ, within the 08844 zip code.
    • Strong co‑tenancy with Kohl's, Lowe's, Weis, and Homegoods.
    • Additional nearby retailers include ShopRite.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsborough Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.6310083
    Latitude
    40.5173824

    Nearby Similar for Lease

    • $18 SF/Yr
      4,152 SF

      Carriage Farm: Versatile Industrial Space

      Multiple spaces, 88-2,197 sq ft. Ideal for various uses.
      2 Clerico Ln, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      25,000 SF

      Prime Retail Space, US-206 & Homestead

      Florida Shopping Center - 25,000 SF Available
      771-773 Us-206 & Homestead Rd, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      39,459 SF

      Prime Hillsborough Office Suites

      Executive offices, 9 suites available.
      411 Us-206, Hillsborough Township, NJ 08844
      View Details
    • $13 SF/Yr
      596,315 SF

      Hillsborough Industrial Spaces

      NJ Flex Space, Warehouse, Manufacturing
      0 Stryker Ln, Hillsborough Township, NJ 08844
      View Details
    • $15 SF/Yr
      42,162 SF

      Amwell Commons Office Space for Lease

      Hillsborough, NJ medical & executive suites available
      390 Amwell Rd, Hillsborough Township, NJ 08844
      View Details
    • Contact for pricing
      328,306 SF

      Hillsborough Retail Space For Lease

      Prime Hillsborough location, 3,600 sq ft available.
      315 Rte, Hillsborough Township, NJ 08844
      View Details

    FAQs

    What type of property is this?
    Land - Kohl's Pad Site: 1-Acre Ground Lease
    Where is this land located?
    The property is located at 315 Us-206 Hillsborough Township, NJ.
    What are key features of this property?
    This property features: 1-acre pad site available for ground lease or immediate development.; Located in Hillsborough Township, NJ, within the 08844 zip code.; Strong co-tenancy with Kohl's, Lowe's, Weis, and Homegoods.
    Request Owner's contact information
    315 Us-206 Hillsborough Township, NJ 08844
    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.
    315 Us-206
    Hillsborough Township, NJ 08844
    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
    315 Us-206 Hillsborough Township, NJ 08844
    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.