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Property profile & analytics
OFF-MARKET
Office Spaces

421 Us-206 Hillsborough Township, NJ 08844

6,063 SF
Property ID
Property summary
AI-generated overview

This exceptional free-standing office building, situated on a 1.54-acre lot at 421 US-206 in Hillsborough Township, Somerset County, New Jersey (zip code 08844), presents a compelling investment opportunity. The 6,063 square foot building is offered at an asking price of $1,250,000, translating to $206.17 per square foot. The property boasts a highly desirable location within the Town Center District, benefiting from excellent visibility and accessibility. The building's three floors offer a versatile layout, previously configured as a real estate office, featuring private offices, conference rooms, open work areas, three bathrooms, and kitchenettes. Ample off-street parking is available for staff and clients. The Town Center District zoning allows for a variety of uses, including mixed-use buildings, retail sales, medical offices, restaurants, and personal service businesses, providing flexibility for future development or adaptation. This turn-key property is ready for immediate occupancy and represents a significant opportunity for owner-occupancy or investment. The building is also available for lease at $14 per square foot, NNN.

Property profile
Verified
Property type Office Spaces
Total area 6,063 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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