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    635 Cranbury Rd East Brunswick, NJ 08816

    For Sale
    $3,750,000

    10,000 SF, 6.6% Cap Rate, NNN Lease

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a 10,000 square foot commercial property located at 635 Cranbury Road, East Brunswick, New Jersey, 08816. The property, built in 2002, sits on a 2.09-acre lot and boasts a prominent corner location at Cranbury Road and Fern Road. Currently configured as a former daycare center, the building offers versatile space suitable for a variety of uses, subject to permitted zoning. The property features approximately 25 off-street parking spaces, a significant advantage for potential tenants. The building is zoned R-2, providing flexibility for future development or adaptive reuse. The property is offered at an asking price of $3,750,000, representing a compelling 6.60% capitalization rate. The existing lease is a NNN lease with a 5-year term. Annual property taxes for 2023 were $61,083.75. This property presents a strong investment opportunity in a desirable location with significant potential for future growth and return. The property's size, location, and zoning make it an attractive option for a variety of commercial uses. Serious inquiries are encouraged.

    Property Features for 635 Cranbury Rd

    General Information

    Property type
    Day care centers
    Square Feet
    10,000 SF
    Lot Size
    91,040 SF

    Building Details

    Year Built
    2002

    HighLights

    • ±10,000 SF commercial building, formerly a daycare center.
    • 2.09‑acre lot.
    • Built in 2002.
    • Approx. 25 off‑street parking spaces.
    • Corner lot at Cranbury Road and Fern Road, East Brunswick, NJ.
    • R‑2 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brunswick Senior Care Home Health Care Service

    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
    East Brunswick
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4250284
    Latitude
    40.4052518

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    FAQs

    What type of property is this?
    Day care center - 10,000 SF, 6.6% Cap Rate, NNN Lease
    Where is this day care center located?
    The property is located at 635 Cranbury Rd East Brunswick, NJ.
    What is the asking price?
    The asking price for this property is $3,750,000.
    What are key features of this property?
    This property features: ±10,000 SF commercial building, formerly a daycare center.; 2.09-acre lot.; Built in 2002.
    Request Owner's contact information
    635 Cranbury Rd East Brunswick, NJ 08816
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    East Brunswick, NJ 08816
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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
    635 Cranbury Rd East Brunswick, NJ 08816
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