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    Spotswd-Eng Rd Monroe, NJ 08831
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    Spotswd-Eng Rd, Monroe, NJ 08831

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    • Commercial real estate
    • 6.41 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Spotswd-Eng Rd

    Year built
    1979
    Lot size
    6.41 lot acres
    Property type
    Commercial real estate

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Monroe
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4264
    Latitude
    40.35
    More about this property
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