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    378 Co Rd 518 Montgomery, NJ 08558

    Sponsored
    For Lease
    $19 SF/Yr

    Prime Somerset County Office Space Available

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,400 square foot traditional office space is immediately available in the Blawenburg Village Square, a thriving mixed-use shopping center in Montgomery Township, Somerset County. Located on a high-traffic corner lot, this single-tenant space benefits from excellent visibility and accessibility. The building, constructed in 2005 and renovated in 2020, offers a modern and functional layout. The property boasts a strong tenant mix, including Contemplate Kitchen, Peaceful Pilates, Ledd Interiors, Progressive Veterinary Care, Mountain View Orthodontics, and an Asian Grocery Store, creating a vibrant and attractive environment. Ample parking is available with 85 spaces for customers and employees. The zoning is mixed-use, offering flexibility for a variety of businesses. A 3-5 year lease is preferred, and a credit check is required. This exceptional location provides easy access to major roadways and a diverse customer base. The space is ideal for a business seeking a high-visibility location within an established and successful shopping center. No elevators are present in the building. The total building square footage is 1,211 square feet, with the available space being 1,400 square feet.

    Property Features for 378 Co Rd 518

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF
    Total Rate
    1.58

    Building Details

    Year Built/Renovated
    2005/2020

    Unit(s) available at that property

    Space
    Size
    1,211 SF
    Rate per SF
    $19

    HighLights

    • 1,400 SF of retail/office space immediately available in Blawenburg Village Square.
    • High‑traffic corner lot shopping center with established tenants.
    • Tenants include Contemplate Kitchen, Peaceful Pilates, Ledd Interiors, Progressive Veterinary Care, Mountain View Orthodontics, and an Asian grocery store.
    • 85 parking spaces available.
    • 3‑5 year lease preferred; credit check required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.703679549597
    Latitude
    40.407717860465

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Somerset County Office Space Available
    Where is this office property / space located?
    The property is located at 378 Co Rd 518 Montgomery, NJ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 1,400 SF of retail/office space immediately available in Blawenburg Village Square.; High-traffic corner lot shopping center with established tenants.; Tenants include Contemplate Kitchen, Peaceful Pilates, Ledd Interiors, Progressive Veterinary Care, Mountain View Orthodontics, and an Asian grocery store.
    Request Owner's contact information
    378 Co Rd 518 Montgomery, NJ 08558
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    Montgomery, NJ 08558
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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
    378 Co Rd 518 Montgomery, NJ 08558
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