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    2727 Rte 516 Old Bridge, NJ 08857

    Sponsored
    For Lease
    Contact for pricing

    3,600 SF Freestanding Retail Building

    Lot size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,600-square-foot freestanding commercial property, located at 2727 Route 516 in Old Bridge, New Jersey, presents a unique investment opportunity. Situated in Middlesex County, this single-tenant building offers unparalleled visibility and accessibility. The property is currently vacant, providing a blank canvas for a discerning tenant to customize the space to their exact specifications. Its classification as both retail and office space allows for a wide range of potential uses, making it an attractive option for various businesses. The "pad site/drive-thru" subtype suggests ample parking and convenient access for customers. The building's size is ideal for a variety of businesses seeking a prominent location in a thriving area. With its strategic location on Route 516, this property benefits from high traffic volume and excellent exposure to potential customers. The 3,600 square feet of vacant space offers significant potential for immediate occupancy and business operations. This property is perfect for businesses seeking a high-visibility location with ample space in a desirable New Jersey market. The zip code is 08857. This is a rare opportunity to secure a prime commercial property in a highly sought-after location. The property's versatility and prominent location make it an exceptional investment opportunity.

    Property Features for 2727 Rte 516

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,600 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,600 SF

    HighLights

    • 3,600 SF freestanding commercial building at 2727 Route 516, Old Bridge, NJ 08857.
    • Shared parking available.
    • Excellent visibility and accessibility on Route 516, a major thoroughfare connecting Routes 9 & 18 in Middlesex County.
    • Multiple curb cuts on Route 516 and Gaub Road provide convenient access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Old Bridge
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3207796
    Latitude
    40.4031266

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    FAQs

    What type of property is this?
    Restaurant - 3,600 SF Freestanding Retail Building
    Where is this restaurant located?
    The property is located at 2727 Rte 516 Old Bridge, NJ.
    What are key features of this property?
    This property features: 3,600 SF freestanding commercial building at 2727 Route 516, Old Bridge, NJ 08857.; Shared parking available.; Excellent visibility and accessibility on Route 516, a major thoroughfare connecting Routes 9 & 18 in Middlesex County.
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    2727 Rte 516 Old Bridge, NJ 08857
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    Old Bridge, NJ 08857
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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
    2727 Rte 516 Old Bridge, NJ 08857
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