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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 3000 square foot commercial end cap space is ideally situated on heavily trafficked County Road 613 in Monroe, New Jersey. The property sits on a 6.41-acre lot and boasts a prime location within a fully leased commercial center featuring a strong tenant base. Previously occupied by a bank, this Class A space includes a drive-through, making it particularly suitable for a variety of uses. The current layout includes partially built-out office space, complete with conference rooms, secure storage, and recessed lighting. The high-income area surrounding the property ensures a strong potential customer base. The space's versatility allows for subdivision into two 1500 square foot units, providing flexibility for potential tenants. This presents a unique opportunity for businesses seeking a high-visibility location with existing infrastructure and ample space. The property's former use as a bank suggests existing infrastructure suitable for financial or professional services, while its features also make it well-suited for medical, dental, physical therapy, educational, or dining establishments. The combination of location, size, and existing features makes this an attractive investment opportunity. The asking price is $4,000.

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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