Spotswd-Eng Rd Monroe, NJ 08831
This exceptional commercial property, located on heavily traveled County Roadway #613 in Monroe, NJ, presents a unique investment opportunity. The 1500 square foot end cap space boasts a convenient drive-thru, making it ideal for a variety of businesses. Situated on a 6.41-acre lot, this property benefits from high visibility and accessibility. Previously occupied by a bank, the space is partially built out and includes features such as conference rooms, secure storage, and recessed lighting. The surrounding commercial center is fully leased with a strong tenant base, indicating a thriving and desirable location. The high-income area ensures a robust customer base. This property is perfect for a medical practice, dental office, physical therapy center, learning center, or a dining establishment. Expansion potential exists, with the possibility to lease up to 3000 square feet. The asking price is $2,000,000. This is a rare opportunity to acquire a well-located, versatile commercial space with significant potential for growth and profitability in a highly sought-after area. The property's existing infrastructure and prime location offer immediate occupancy and operational advantages. Don't miss this chance to secure a valuable asset in a thriving commercial market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.