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Property profile & analytics
OFF-MARKET
Commercial real estate

Spotswd-Eng Rd Monroe, NJ 08831

6.41 ac lot Built 1979
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1979
Lot 6.41 ac (279,220 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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