421 Us-206 Hillsborough Township, NJ 08844
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.
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
Similar Nearby for Lease
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.