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Property profile & analytics
OFF-MARKET
Office Spaces

45-49 Cedar Grove Ln Franklin Township, NJ 08873

Property ID
Property summary
AI-generated overview

This exceptional 4,000 square foot commercial property, located at 45-49 Cedar Grove Lane in Franklin Township, New Jersey (08873), presents a unique investment opportunity. The two-story building, zoned for office use, sits on a land parcel and offers a single-tenant occupancy. Previously utilized as a daycare center, this versatile space is ideal for a variety of office uses, though a variance from the Township may be required by the tenant. The property boasts ten convenient parking spaces for employees and clients. A full basement, accessible via an exterior door, provides ample storage or potential for expansion. The building is equipped with a security camera system (transferable to the tenant), recessed lighting, an interior sprinkler system, and a recently upgraded electrical service. Its convenient location offers easy access to Route 287, nearby shopping centers, and numerous hotels. Landlord responsibilities include snow removal and lawn maintenance. Tenant responsibilities include repairs, annual sprinkler system inspections, a portion of property taxes, trash removal, and all utilities. This property offers a compelling combination of functionality, location, and potential. The APN is currently unavailable.

Property profile
Verified
Property type Office Spaces
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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